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$BTC is currently trading around $63,556. The recent price action looks somewhat weak, but the key market structure we’ve been watching has not been broken yet. BTC has been moving within roughly the $63,000–$65,000 range recently. Even the latest moderate inflation data failed to generate a meaningful upside move, suggesting that short-term capital remains cautious. Here are the levels I’m watching closely: 🔴 $64,000 — First resistance. Reclaiming this level would be the first sign of a short-term recovery. 🔴 $64,500–$65,000 — Major resistance zone. A decisive breakout here could reopen the upside toward higher levels. 🎯 $66,000–$66,500 — Next potential target if $65,000 is successfully reclaimed. 🟢 $63,000 — The most important near-term support. As long as BTC holds here, another rebound remains possible. 🟢 $62,500 — Critical secondary support. Losing $63,000 could bring this level into focus. For now, I still view $BTC as being in a range-bound consolidation with a slight bearish bias, rather than a confirmed bearish reversal. If $63,000 holds, $BTC still has a chance to retest $65,000. But if $62,500 breaks decisively, the short-term structure would weaken considerably. Patience. Let the key levels decide the next move. #CPIPPIEaseFedSplit #SP500Nears8000