
The BTC CME Bitcoin Futures daily chart shows a recent shift in short-term momentum, with price action rebounding from recent lows and now trading above both the weekly and monthly session fib grid centers (NTZ), indicating renewed bullishness in the short-term. The swing pivot structure confirms an uptrend in the short-term, with the most recent pivot high at 94,440 and the next key support at 86,230. However, the intermediate-term trend remains mixed: while the monthly grid is up, the HiLo swing trend is still down, suggesting the market is in a corrective phase within a broader downtrend. Long-term benchmarks and the yearly fib grid remain bearish, with price well below the 100- and 200-day moving averages, highlighting persistent overhead resistance and a need for further confirmation before a sustained reversal. Volatility is moderate, and volume is steady, supporting the current bounce but not yet signaling a major breakout. Recent trade signals reflect this transition, with new long entries triggered on both the weekly and monthly grid systems, while a short signal was seen earlier in December. Overall, the market is showing signs of a short-term recovery within a larger corrective structure, with key resistance levels overhead and support from recent swing lows. The environment is characterized by a potential for further upside retracement, but the long-term trend remains down until major resistance levels are reclaimed.