$BTC The price continues to struggle with holding above the VWAP level, repeatedly testing it but failing to establish a strong position. Each attempt to move higher seems to lose momentum, pushing the price back below as if the level is not ready to be claimed yet.
For now, the market appears undecided. A confirmed move above VWAP, followed by stability, could signal a meaningful shift in momentum. That would likely open the door for a stronger upward move.
However, at this stage, the structure still feels incomplete. There’s a possibility that price may drift lower before any real breakout happens, potentially revisiting the previous triangle breakout area. This kind of retest could help determine whether there is genuine support or if the move lacks strength.
Until a clear direction is established, the situation remains uncertain. The key focus is whether price can successfully hold above VWAP or if it will continue to get rejected from that level.
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