Bitcoin's long-term frame continues the movement pattern we discussed yesterday. Focus on detecting any signs of weakening downside momentum alongside the ongoing downward auction phase. The current NPOC level has been retested and is holding its ground quite well so far. Keep tabs on where Monday's high sits—it's a critical reference point. The structure is shaping up like a potential V-shaped counter move, which means if that Monday high gets taken out cleanly, we might see price action continue its descent. Otherwise, watch for the reversal setup to develop from current support levels.