The analysis focuses on BTCUSDT. The analyst suggests a potential downward continuation if the price decisively breaks below the Saturday low of 107430. If that breakdown occurs, the analysis identifies the next support level at 106510, followed by a structural support level at 105230. The analyst considers the current corrective bounce but sees it as weak, constrained by resistance. The perspective is bearish, and if the wave count is correct, the market should stay below resistance. A rally into resistance is considered a possibility but not a long trade setup, and it lacks a five-wave move up.