BTC is in a confirmed macro bearish regime (LH/LL structure) with price at $73,871 — trading below the SMA50 ($75,235), SMA200 ($78,005), monthly VWAP ($78,217), and STH cost basis ($74,908), with no divergence confluence to suggest exhaustion. The near-term volume POC sits at $77,011 with a dense HVN cluster between $76,641–$77,749, making this the primary mean reversion magnet (~4% above current price); structural POC at $68,146 marks longer-term fair value and becomes the target if price loses the value area low at $73,871 (which currently equals spot price — a critical threshold). Daily RSI at 37.59 is approaching oversold while daily MFI at 27.35 is already depressed, creating a mild volume-confirmation mismatch worth monitoring: price-level momentum is exhausting faster than money flow confirms accumulation, suggesting any bounce is likely rotational rather than structural. With volatility compressed (ATR percentile at 0, compression confirmed post-displacement