I see BTC nowadays leaning toward more of being steered by global fundamental events. Trader activity and technical pattern doesn't mean much but the technical pattern isn't becoming meaningless either.
In the grand scheme of thing bitcoin stays in line with the global narrative of being legitimized through ETF and strategic reserve yet tied tightly with global events such as geopolitics.

It's no wonder because bitcoin has become 5th biggest asset. Since there are more and more institutional investors who also leans to trade based on ongoing global events, it's to be expected.