$BTC Update

Clear rejection at pMonth VAH (108650), with fast liquidation candle and follow-through below dWeek VWAP. Price now testing 107564 – dWeek VAL and 6day CVAL, which must hold or 105700/105900 area (VWAP cluster) becomes next magnet.

Scenarios:

– Hold 107300s - short-term bounce back into 108200–108600 range

– Break 107300 - unwind continues toward 105700/105900

– HTF bias neutral, but trend momentum shifts to short unless VWAPs are reclaimed

Bias: Bearish under 108650

Watching how we trade this VAL zone - bounce or breakdown confirmation.