BTC keeps testing $80K, but the lower highs are what concern me more than the number of tests itself. The pattern suggests buyers are still defending the area, but each bounce has been weaker. Meanwhile, rising open interest during a price decline and positive funding hint that some traders may still be taking on leverage too early. That makes another downside move possible, especially if ETF outflows continue. But calling $65K inevitable would be just as premature as assuming $94K is next. Personally, I’d watch whether BTC can reclaim $83K and hold it. That would be a more convincing sign of recovery than another quick bounce from $80K. Three tests can build a floor, but weakening rebounds can also signal exhaustion. The next reaction matters more than the count.