Bitcoin is currently trading inside a tight consolidation range after the recent volatility spike, signaling temporary balance between buyers and sellers. Price action shows repeated rejections near the upper boundary, while dips continue to find support around the lower zone, confirming short-term compression. This type of structure typically precedes a directional expansion, but confirmation is still missing. Momentum remains neutral, with neither side showing strong conviction yet. A clean breakout above resistance could trigger continuation toward prior highs, while a breakdown below support would likely invite fresh selling pressure. Traders should stay patient and wait for confirmation rather than anticipating the move too early.