===←
Therefore, I’m treating the current move as a test phase for support and accumulation/distribution within a broad range, not as a clearly bearish trend yet.

The scenarios I’m watching

Bullish scenario 🟢 — its probability improves above 65.7K

If BTC closes on the 4H and then on the Daily above $65,500–$65,700 with a rise in trading volume:

66.5K → 67.2K → 70K → 73–78K

And a stable break above 70K would be a much stronger signal that the weak phase is ending and a new uptrend wave is beginning.

Neutral scenario 🟡 — currently the closest one

Between:

62K ↔ 65.5K

This means choppy price action and trader exhaustion, with quick up-and-down moves before a real direction appears.

Bearish scenario 🔴

If BTC loses 62K with a clear daily close:

60K → 58–59K

And if 58K breaks as well, the probability of reaching the 55–56K zone becomes much more serious.

🧠 My trading analysis right now

If I were trading BTC on Futures right now, I wouldn’t prefer chasing a Long at 63K.

I’m watching two key levels:

Potential Long:
Reclaim 65–65.7K + strong volume → targets 67K then 70K.

Potential Short:
Clear rejection from 65–65.7K or a break below 62K → targets 60K then 58–59K.

As for the 62.5–64K area, it’s a mid-zone that isn’t ideal for entry for me, because the risk-to-reward ratio isn’t attractive unless a clear signal appears.

Summary

Current trend: 🔴🟡 bearish/neutral in the short term

But:

Above 65.7K = clear improvement
Above 67K = more strength
Above 70K = important bullish reversal
Below 62K = risk of dropping to 60K
Below 58K = major negative shift
$BTC