BTC coiling under daily VWAP

Recap

BTC traded in its narrowest daily range since the move off the swing low, pinned just under daily VWAP with sellers unable to press it and buyers unwilling to chase above it. Compression like this is the market storing energy, not losing interest.

Third session of range compression under VWAP — the coil is tightening, and coils resolve directionally, not sideways.

The 4h profile shows a thinning value area, with the point of control migrating higher each session. That’s a tell that passive buyers are stepping in earlier on dips rather than waiting for the range low.

Above the range, the level to beat is the weekly open, still untested since the breakdown two weeks ago. Reclaiming it would put the weekly structure back in buyers’ favor for the first time this cycle.

Bias

We’re neutral until the range breaks with volume in either direction. A hold above VWAP into the next session tips this toward the reclaim scenario; a rejection back into the range low reopens the retest of last week’s liquidity pocket.