$BTC Rotation Still in PlayBTCUSDT Perpetual ContractBYBIT:BTCUSDT.PTealstreetBitcoin has been consolidating within the same broad range for nearly two months now, with price continuing to respect the boundaries of this structure rather than establishing a clear directional trend. Recently, price attempted to reclaim the mid-range around the 70k region, but once again faced rejection in that area. This level has acted as a key pivot throughout the range — when price trades above it, momentum tends to shift slightly bullish within the range, while failure to hold it often results in rotations back toward the lower half of the structure. At the moment, Bitcoin is trading below that mid-range resistance after failing to sustain acceptance above it. This suggests that the market still lacks sufficient demand to push price toward the range highs near the 74–75k region, where prior distribution took place. The focus now shifts to the 66k support area, which has been acting as the lower support within the mid-range structure. This level has been defended multiple times over the past weeks, making it an important short-term level for market participants. If price continues to reject the 70k mid-range and eventually loses the 66k support, the probability increases for a deeper rotation toward the 64k–63k region. That area remains particularly interesting as it represents a largely unmitigated zone from the previous impulsive move, where price previously moved away quickly without much consolidation. Markets often tend to revisit such areas to rebalance inefficiencies. Additionally, the lower boundary of the broader range sits not far below that region, meaning a move into 64k–63k would effectively be a sweep of the lower liquidity pocket before the market decides on its next larger directional move. For now, the market structure remains range-bound, and until we see a decisive reclaim of the 70k mid-range or a breakdown below 66k, price is likely to continue rotating within the established range. Key levels to watch: 70k – Mid-range resistance that needs to be reclaimed for bullish continuation within the range 66k – Local support; losing this opens the door for downside rotation 64k–63k – Unmitigated area and potential liquidity pocket within the lower range Until a clear break of either side occurs, the most probable scenario remains continued range behavior and rotations between these key levels.