BTC bullish vs bearish scenarios

BTC / USDT

After rumors of SEC approved Bitcoin ETF yesterday, price pumped hard and then most of the pump is absorbed …

right now BTC at very decisive area :

1- The Bullish scenario:

Since 2021 the key level (31-32k)is a very strong level, a breakout and stability above is a bull signal and will confirm double bottom pattern

2- The Bearish scenario:
completing the head and shoulders pattern and dropping below 25k will lead to further correction “if happened I believe it will be the last correction”

What is the most likely scenario for you and why ?
All questions and opinions are welcomed
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