
BTC CME Bitcoin Futures are showing strong short-term momentum with large bars and a fast-moving price action, currently trading above key short- and intermediate-term moving averages. The Weekly Session Fib Grid (WSFG) and Monthly Session Fib Grid (MSFG) both indicate an upward trend, with price positioned above their respective NTZ/F0% levels, confirming bullish sentiment in the short to intermediate term. However, the Yearly Session Fib Grid (YSFG) remains in a downtrend, with price below the yearly NTZ/F0%, reflecting persistent long-term bearish pressure. Swing pivot analysis highlights an evolving uptrend in the short term, but the intermediate-term HiLo trend is still down, suggesting the recent rally may be a corrective move within a broader downtrend. Resistance is stacked at higher levels (notably 80,075 and above), while support is well-defined at 60,975 and lower. The 20-week and 200-week moving averages are supportive, but the 55- and 100-week MAs are trending down, reinforcing the mixed longer-term outlook. Recent trade signals show both long and short entries in close succession, reflecting a choppy, high-volatility environment with potential for sharp reversals. Overall, the market is in a recovery phase from a significant sell-off, with a V-shaped bounce off major support, but faces overhead resistance and remains vulnerable to long-term bearish forces unless a sustained breakout above key resistance levels occurs.