BTC has been trading in a narrow range of $63,900 to $64,300 over the past hour, with bulls and bears locked in a stalemate. Volume continues to dwindle, indicating weak interest from new capital. The hourly indicators are leaning neutral, and bullish momentum seems to be lacking. There’s significant selling pressure around $64,600 to $64,800 due to trapped positions, clearly capping short-term gains. The lower support sits at $63,700, and unless we see an influx of liquidity, it’s likely we’ll continue to grind sideways, making it tough to break into a strong trend.