Alex Dudov
⬤ Bitcoin has moved into a consolidation phase after wrapping up a textbook auction on the 6-hour timeframe. The recent rally played out smoothly, with BTC climbing efficiently through important value zones and currently trading near $95,000. This price action signals that buyers are comfortable accepting these higher levels after the recovery from late-2025 lows.
⬤ The chart shows BTC stabilizing rather than breaking down after its strong push upward. Heavy trading activity during the earlier consolidation zone, followed by expansion higher, confirms the auction resolved in favor of the bulls. After touching the $96,000 to $97,000 area, Bitcoin started to rotate sideways—a sign that short-term momentum is taking a breather rather than reversing course.
⬤ A small retracement in this range would give the market room to rebalance while keeping the pattern of higher lows intact. The good news: BTC hasn't broken any critical support levels and remains comfortably above the consolidation zones from December. This suggests the broader uptrend is still in play.
⬤ What happens next with Bitcoin matters for the entire crypto market, since BTC typically sets the tone for overall sentiment. If we see a controlled dip followed by another leg up, it would reinforce the bullish structure. On the flip side, if recent support fails to hold, traders might start watching for a deeper correction. For now, Bitcoin is trading within a solid framework, with short-term price swings likely to determine when the next big move arrives.
Alex Dudov
