Weekend Extra: Currently, we’re seeing a rebound from a panic sell-off that hit an uptrend line. To be honest, I’m still inclined to view the established downtrend channel as valid—technically, another new low may still be ahead, suggesting the possibility of a fifth minor wave down. For now, I won’t be initiating long positions. If this is wave four, it has either already ended, or it may rally slightly further toward the 0.618 level. From a funding rate perspective, the sentiment still seems supportive of a modest upside move. If I were the market maker, I’d create the illusion of the uptrend line holding, then push a strong wave four higher, only to break below afterward—luring in excessive short positions—before rallying back up into the channel for consolidation. It’s only Saturday—anything is still possible. Stay cautious: if you’re not in a position, watching the missile fly won’t hurt you. #Bitcoin #BTC #Cryptotrading