Bitcoin has been experiencing small gains recently, but buying pressure seems weak. Among traders, there are many short positions, and it feels like the price is staying within a range.

Looking at the US heatmap, it’s clear that market sentiment is still cautious. It’s unable to ride a major upward trend and instead shows more movement searching for lower prices. During these times, it might be best to wait and see until the trend direction becomes clearer.

As long as the short bias continues, a breakout will be difficult. It’s wise to wait until either the price breaks above the resistance line or the support level is broken before taking action.