After yesterday's heavy sell-off, the market needs time to digest sentiment, and prices are likely to oscillate within yesterday's value area. This consolidation rhythm fully aligns with technical logic. Short-term traders should watch for the boundaries of the range.

$BTC Today’s open was inside yesterday’s fair value, which points toward a ranging day where price will likely stay within yesterday’s value area.

This wouldn’t be surprising considering the recent aggressive selloff, as price often tends to consolidate after extreme moves like this.