$BTC is approaching a decision point.

Bitcoin is still respecting its short-term bullish structure despite the recent rejection. Buyers continue defending higher lows, showing demand hasn't disappeared yet.

The current pullback looks more like a liquidity sweep than a confirmed trend reversal. If bulls reclaim the 65.2K–65.8K resistance zone with strong volume, the next impulse could target fresh local highs.

However, losing the recent higher-low structure would increase the probability of a deeper correction before the next leg up.

For now, the trend remains cautiously bullish. The next few candles will determine whether $BTC expands higher or enters a larger pullback. Stay patient and let price confirm the direction.