🔥 BTC Follows the Script — Rejection at Resistance, Back to Mid-Range

BTC has moved exactly as anticipated inside our community.

The rebound into resistance was firmly rejected, and price is now rotating back toward the mid-range zone, keeping the market in a cautious equilibrium.

📊 Market Structure & Derivatives Insight

• Open Interest: Heavy short positioning was wiped out during the bounce toward $93K.

• Funding: Holding neutral, indicating no directional bias from leverage.

• Premium: Still negative, reflecting hesitation and a broader lack of conviction.

This combination places the market in a high-volatility but low-confidence environment, where sudden swings remain likely.

🔮 1–2 Week Outlook

BTC is expected to remain range-bound, with two possible developments:

A deeper liquidity sweep toward lower support zones, or

A gradual rebuild of structure to attempt another test of resistance.

In the bigger picture, the weekly EMA50 retest remains a crucial roadmap level.

A clean reclaim above the EMA50 is essential for restoring macro bullish continuation.

🌎 Macro Watch: Powell Ahead

Jerome Powell speaks today, just before next week’s final FOMC meeting.

A 25 bps rate cut remains the base case if inflation cools and employment softens.

Expect elevated volatility leading into these events as markets digest the policy tone.