$BTC is in a sideways accumulation phase following the previous rise

· On the 4-hour timeframe, EMA9 is around 83,450 and EMA21 is around 83,600. They are closely aligned and moving sideways, indicating a trendless market. Price is consolidating around these two lines.

· Open Interest (OI): Slightly declining from recent highs. This suggests speculative capital is moving out or waiting on the sidelines; the market lacks explosive momentum.

· Cumulative Volume Delta (CVD): Although positive, it is flattening and edging slightly lower. Buying pressure is no longer dominant.

$BTW Short Scenario - Short-term Bias

· Short entry: Wait for price to rebound to 83,800–84,350 (the 4-hour EMA zone)

· Stop-loss: Above 84,800

· Take-profit 1: 82,500 (recent support)

· Take-profit 2: 81,000 (recent low)

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