Bitcoin is currently exhibiting a bearish market structure, necessitating a shift in trading strategy toward range-bound navigation rather than anticipating immediate, massive price movements. Recent price action indicates a distribution pattern, suggesting that market makers are actively redistributing positions rather than reaccumulating for a new uptrend. A consolidation range between 88k and 100k is expected to develop over the coming weeks, providing opportunities to trade the highs and lows. While quarterly and weekly charts confirm a bearish outlook, the focus remains on observing structural shifts and liquidity sweeps rather than forcing aggressive directional bets. Traders should prioritize identifying range boundaries and waiting for structural confirmation before committing to larger positions, as the market requires time to process liquidity before any potential further downside or trend reversal occurs.
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