$BTC

Bitcoin is approaching a decision zone after recent consolidation.

Macro softness in inflation slightly improves risk appetite.

However, liquidity remains tight and institutions are cautious.

If BTC reclaims and holds above recent local highs, momentum could accelerate.

ETF flows will likely determine short-term direction.

Failure to hold current support may trigger another volatility expansion.

Range structure still intact — not a confirmed trend shift yet.

Derivatives positioning suggests traders are waiting for confirmation.

A break above resistance could invite sidelined capital.

If equities weaken again, BTC may revisit lower liquidity pockets.

Next catalyst: macro data and capital flow strength.

Patience remains the dominant strategy here.