The current weekly chart for CME Bitcoin Futures shows a pronounced short-term and intermediate-term downtrend, with large, fast-moving bars indicating heightened volatility and strong momentum to the downside. The WSFG (Weekly Session Fib Grid) trend is decisively down, with price trading well below the NTZ center, confirming short-term bearish sentiment. Both the swing pivot trend and HiLo trend are in a downtrend, with the most recent pivot low at 80,480 and the next resistance pivot high at 102,356, suggesting the market is currently in a corrective or pullback phase within a broader uptrend. Intermediate and long-term metrics, such as the MSFG and YSFG, remain in uptrends, with price still above their respective NTZ centers, indicating that the larger cycle remains constructive despite the current retracement. However, all key weekly moving averages (5, 10, 20, 55, and 100 week) are trending down, except for the 200-week MA, which is still in an uptrend, highlighting a transitional phase where the market is testing major support levels. Recent trade signals reflect this mixed environment, with a short signal triggered most recently, following prior long entries, underscoring the choppy and reactive nature of the current market. Key resistance levels are clustered between 94,057 and 128,570, while significant support lies at 80,480 and below, suggesting a wide trading range and potential for further volatility. Overall, the market is in a corrective phase within a long-term uptrend, with swing traders likely to focus on mean reversion and range-bound strategies until a clear directional breakout or reversal emerges.