Bitcoin Price Movement Stuck in Tight Range as Whales Defend Key Levels

Bitcoin's price movement has been characterized by a lack of clear direction in recent days. According to charts provided by CoinGlass and More Crypto Online, whales are defending key levels on both sides of the market, preventing a decisive breakout.

The tight short-term range has trapped Bitcoin between $64,900 and $68,050, with stacked ask liquidity around $67,500 and bid support below at $65,600. This whale-defined structure suggests that the next move depends on whether these large orders hold or disappear.

A bullish shift would require buyers to absorb the sell walls near $67,500, while a bearish move could follow if support bids get pulled or fail to absorb selling pressure. Meanwhile, a log regression model suggests that the recent correction has eased overheating and returned Bitcoin to its long-term fair value zone.