【$BTC Signal】No Position + High-Level Consolidation Awaiting Direction

$BTC Consolidating at a high level below the 70,000 mark, 4H timeframe shows a contracting pattern, but the bullish and bearish forces are quietly shifting.

🎯Direction: No Position (NoPosition)

Market Logic: Price has fallen back from the 73,000 high and is currently trading sideways around 69,000. Key data points show conflicting signals: the buy ratio on the 4H K-line has been decreasing (0.54→0.48→0.50), indicating waning active buying interest; although Taker is still net buying, open interest (OI) remains stable, combined with negative funding rates, suggesting that bears have not exited in large numbers and bulls are struggling to push higher. The 70,000 level presents clear psychological and technical resistance, while support below needs to be monitored around 68,000-68,500 to see if it can be effectively absorbed. Currently, this is a typical period of balanced bulls and bears, lacking a clear directional drive. It’s advisable to wait until the price breaks out of the current contraction zone before taking further action.

Trade here 👇 $BTC

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