BTC is currently bouncing around near $95,300, still in a narrow range of sideways movement that makes it hard to see a clear direction in the short term.

From a technical perspective, the 1-hour MACD is basically flat around the zero line, and trading volume has not shown any significant increase. This indicates that neither bulls nor bears have much desire to take the initiative. The market is like being stuck between two key levels—below support at $94,800 to $95,000 (the previous lows plus recent high-volume zones), and above resistance at $95,500 to $95,700 (today’s high and the hourly moving average resistance).

The probability of continued consolidation remains high. Unless there is a sudden surge in volume breaking out, it’s unlikely to see a clear trend in the short term.

From a trading perspective, instead of rushing to predict the next move, it’s better to wait and see. Traders with small positions can try to buy low and sell high within this range, but only with a stop-loss in place to prevent small fluctuations from turning into large losses. The key is to stay alert for sudden volume spikes—once volume increases and a breakout occurs, it’s safer to follow up then.