2nd Scenario may play out.

https://www.tradingview.com/x/3psh5B1V/

Good day guys

Here is the second scenario that can play out, it all depends on what market makers want to do. Do they want to move the price higher or lower, we don't know.
My suggestion is to check what happens further on price action and market structure.

Let me what you think will happen on BTCUSD.

Cheers and good luck guys