From the current market structure, the daily chart remains trapped in a choppy consolidation phase, with alternating small bullish and bearish candles. In the short term, the market has failed to extend lower after declines while also lacking the strength to sustain consecutive bullish momentum. Technically, price action has entered a lower-timeframe range.

The bulls have yet to regain meaningful control, and the weekly chart continues to close bearish, suggesting that the correction may deepen further. Overall, the short-term outlook still favors a pattern of rebound followed by continued downside.

Trading-wise, the preferred strategy remains to look for short opportunities after weak rebounds, targeting further pullbacks. The key is to wait for suitable entry levels.

$BTC ‌