The current futures swing trading environment for BTC CME is characterized by a short-term bearish bias, as indicated by the downward trend in both the weekly session fib grid (WSFG) and the swing pivot trend. Price is trading below the weekly NTZ center, and recent short-term moving averages (5 and 10 day) are also trending down. The most recent swing pivot is a high at 95,365, with the next key support at 89,285, suggesting the market is in a corrective phase after a failed attempt to break higher. Intermediate-term signals are mixed: the monthly session fib grid (MSFG) and 20-day MA show upward momentum, but the 55-day MA and intermediate swing pivots remain in a downtrend, creating a neutral stance. Long-term structure is still bearish, with price below the 100- and 200-day moving averages and the yearly fib grid showing price above the NTZ but not enough to shift the overall trend. Volatility (ATR) is moderate, and volume is steady but not elevated, indicating a lack of strong conviction from either buyers or sellers. Recent trade signals reflect this choppy environment, with both long and short signals triggered in close succession. The market is currently consolidating after a sharp sell-off and partial recovery, with lower highs and higher lows forming a potential range. Swing traders should note the risk of further downside if support levels break, but also the potential for a reversal if intermediate-term strength persists.