Last weekend was largely bearish in the Bitcoin price rally as the token dropped below $94,000 after recording a bearish weekend. The surge to a local high of $97,895 attracted significant attention, but the volume remains constrained in a range. This indicates that the bulls are still negative but provide enough support at $94,000 that could lift tokens in an upward range in a short while. A break of the $95,000 support range was assumed to pull the BTC price to $92,000, but the ongoing price actions indicate tremendous strength for the bulls. Thus, a recovery seems inevitable! It is known that Bitcoin price fills CME gaps, which were formed around the current price levels. Typically, lower gaps lead to a strong drop, while gaps at higher levels push the token upward. However, the price faces a reversal after filling the gaps. The current trading setup shows a gap on both sides of the price, maintaining the upcoming fundamental action in an ambiguous state. Source: xCurrently, two gaps have formed near the current price, one ranging from $96,400 to $97,600 and the other between $92,500 and $91,700. If the upward trend is in place, the BTC price may focus on filling the lower gap first, which could be accompanied by a massive upward rebound. This indicates that the price could drop below $92,000, which could be the local bottom for the ongoing pullback. In the meantime, a volatile week is anticipated with FOMC and Coinbase earnings later this week. Therefore, if the price leads to a long trade, it may reach its local highs at $98,000, where we could see some LTF references after reclaiming the previous range highs. However, the daily BTC OBV trend remains bullish. So, as long as this is the case, the pullback may not be too deep. Thus, it will be interesting to watch which CME Gap the Bitcoin price chooses to close first, as the subsequent fundamental action may depend on that.