BTC CME Bitcoin Futures are showing a notable recovery from the March lows, with price action currently in a medium-range, average momentum phase. The short-term and intermediate-term trends have shifted bullish, supported by both the WSFG and MSFG grids, as well as upward pivots and rising short-term moving averages. The recent swing pivot high at 74,365 and the next pivot low at 68,640 define the current trading range, with resistance overhead at 74,365 and 82,485, and support clustered near 68,855 and 67,310. Despite the bullish short- and intermediate-term structure, the long-term trend remains bearish, as indicated by the 100- and 200-day moving averages trending down and price still well below these benchmarks. Volatility (ATR) is moderate, and volume is steady, suggesting a healthy but not overheated market. The recent short signal from early March has been countered by the subsequent rally, indicating a possible shift in sentiment or a short-covering move. Overall, the market is in a recovery phase with bullish momentum in the near term, but faces significant overhead resistance and a still-bearish long-term backdrop. Swing traders should be attentive to potential resistance tests and the sustainability of this uptrend, especially as price approaches major moving averages and prior pivot highs.