#BTC remains highly volatile, with price still being compressed between key resistance at $71,500–$72,000 and the support zone around $67,000–$68,000. This back-and-forth price action shows that neither buyers nor sellers have full control yet.

From a structural perspective, a cup-and-handle type formation is starting to develop, suggesting that downside momentum is gradually being absorbed rather than accelerating.

As long as $BTC holds above the $67K–$68K support band, the structure remains constructive.

The key level to watch is still $72K. A clean break and acceptance above this area would be the confirmation needed to shift short-term bias and could open the door for a move towards $75K–$77K.

Until that happens, the stance remains cautious.

Short-term bullish bias only comes after confirmation, not before.