Scenarios I’m monitoring for BTC today

My overall bias remains bearish, and I expect a move toward the $60,000 level. However, there are a couple of possibilities to consider.
It is possible that yesterday’s high marked the local top and that price continues to trend lower from here. Alternatively, if CPI data comes in bullish, we could see a final liquidity sweep around the $72,000 level before the market resumes its move lower.
For now, short positions remain the priority.