Bitcoin is trading in a consolidation range beneath a descending trendline, with price capped under the $95K supply zone and supported around $80K. On lower timeframes, $85K and $90K have emerged as important short‑term levels, while a notable liquidation cluster above $90K points to potential absorption rather than a clean breakout. Until these technical and liquidity zones are convincingly broken, the market structure leans neutral to slightly bearish.