$BTC continues to consolidate within a well-defined higher timeframe range, building energy beneath key structural supply while respecting macro demand zones. $ETH mirrors this range-bound behavior, hovering above critical liquidity sweeps.\n\nOrder flow dynamics reveal a healthy flush of overleveraged positions, evidenced by normalizing funding rates and stabilizing open interest. Spot CVD shows steady institutional absorption at range lows, with thick passive bid liquidity guarding local higher-low support. Delta remains relatively neutral, signaling volatility compression before the next expansion phase.\n\nMacro sentiment is largely anchored by steady spot ETF inflows, providing a reliable structural floor despite broader interest rate uncertainties and cautious risk-on sentiment across equities. \n\nA decisive HTF acceptance above upper range resistance is required to trigger a bullish continuation. Conversely, losing local structural support risks a deeper sweep into major demand pools below. Expect range-bound rotation until spot order flow aggressively tilts toward a directional breakout. #Crypto #Bitcoin