The Elephant Jungle 9/15/26 Page 2

The Elephant Jungle 9/15/26 Page 2

As of right now, the Bulls are relying heavily on the Inside Range VAL for support, and this level might be more important than it looks. The Bulls are basically standing on the edge of the ring right now. If they lose this support, they are going to give the Bears another opportunity to attack the Range Low. And that is where things could get ugly. If the Bears swipe the Range Low, the Bulls could still have one more line of defense around the Local VAH. That area could give the Bulls another opportunity to step in, defend themselves, and possibly turn the breakdown into another trap. But if the Bulls lose that too? Oh boy. Now the Bears might have an open lane to start dragging price back toward 67K. And the Bulls better hope these Bears do not build too much speed and momentum on the way down, because if they do, we might have to call Doc Brown and fire up the DeLorean. These Bears might hit 88 miles per hour and send Bitcoin traveling all the way back in time to 55 like Marty McFly. But before we start screaming “Great Scott!” and preparing for 55K, remember what we talked about on the Daily. The Bears still have work to do. They need to break support, take out the Range Low, and prove they can actually hold price below these levels. Until that happens, the Bulls are still alive, and another Bear trap could be waiting right around the corner. The Bears might have the DeLorean fueled up, but somebody still has to hit 88 miles per hour.