Bitcoin Holds Key Support as Volatility Cools

Bitcoin's recent price action has been notably calm. Realized volatility has compressed to levels we haven't seen since earlier this year, and the funding rate across major perp venues remains balanced. We're watching three levels closely: the lower bound of the recent range, the 50-day moving average, and the round-number psychological level just above. A break of any of these on volume would set the tone for the next leg. For members, we'll post specific entry/exit ideas in the private Telegram channel.