Setting emotions aside to examine pure price action: falling wedges embedded in a steep downtrend that's gradually fading momentum, combined with sideways choppy movement, typically signal bullish reversal potential. Despite the bearish sentiment many are holding onto, the broader structure still supports an uptrend thesis. When you strip away the noise and focus strictly on what the charts are showing—compressed volatility zones, weakening selling pressure, and support bounces—the technicals paint a different picture than the prevailing narrative. This setup warrants careful monitoring for potential breakout catalysts.