Ostium Labs argues Bitcoin remains structurally bullish after last week’s major deleveraging, provided spot holds above $107,000. The firm expects $112,000 to act as support and projects a move toward $133,000 by month-end. Last week’s liquidation event removed excess leverage but did not break major weekly support, as the price reclaimed losses into a $115,000 close. Invalidation is clear: a weekly close below $107,000 implies a move to $99,000 and potential bear market territory. On shorter timeframes, the recent volatility was a sweep-and-reversal pattern, with the 200-day moving average capping the downside. Ostium contends sub-$100,000 levels are unlikely unless a full bear market emerges. Trading strategy favors buying dips into $110,000–$112,000 with a stop below $107,000 and targeting at least $121,000. Short setups require specific failed rallies and breakdowns. Positioning and sentiment data suggest the market is “reset” and primed for trend continuation. Macro events this week are seen as potential catalysts, not trend changers, as long as $107,000 holds. Ostium remains bullish across crypto, expects Ethereum and altcoin outperformance if technical thresholds are met, and sees wider risk assets as supportive. At press time, BTC traded at $111,509.