Bitcoin's H4 chart structure is currently cumulative sideways because the price is not making new highs/new lows. The main trend of Bitcoin H4 is still down, because the main price peaks and troughs are gradually lower, along with the bearish channel - being maintained.

Due to the weakening signal shown in both D1 and H4, Bitcoin H4 today is mainly about waiting for selling. The selling scenario includes (1) selling from the upper resistance PPZ, (2) selling if the price breaks through the nearest bottom to establish a lower price bottom, then bounces back to retest.