Bitcoin weekly chart reveals a very clear story.

Parabolic rise → Uptrend channel → Final breakdown. This seemingly solid channel is actually a distribution phase, not true strength.

Once the structure is broken, the price quickly falls back into the demand zone of a higher time cycle — this is how the market is communicating.

What’s next? It’s very likely to oscillate within this range repeatedly, entering a re-accumulation phase. For trend traders, the current task is to patiently wait and see if this demand zone can hold, and whether a new breakout signal can form afterward.

Price structure never lies, as long as you know how to read it.