BTCUSD - Just a retracement?

Some bullish signs but overall looks like it could be just a retracement of the move from ATH to now. Weekly fib levels have confluence with supply zones overhead. If we break down below the yellow trend line, seeing demand at 32k, 25k 17-19k.

Want to be bullish but can't stop seeing the bearish picture in front of me.

Not financial advice.
BTCUSDTrend Analysis

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