Bitcoin price low-volume bounce raises bull trap concerns

BTCUSDT (1H) Chart

From a volume profile perspective, Bitcoins recent advance has occurred on noticeably declining volume. In healthy bullish reversals, price expansion is typically accompanied by increasing participation, reflecting strong demand and conviction from buyers. In contrast, the current rally lacks this confirmation, suggesting the move may be driven by short-covering or opportunistic buying rather than sustained accumulation.

This type of low-volume bounce often appears during corrective phases within broader bearish or range-bound environments. Without renewed volume expansion, the probability of follow-through remains limited, leaving price vulnerable to renewed selling pressure.

Rejection from key resistance levels

Technically, Bitcoin is now facing a strong confluence of resistance. The current rejection is occurring near the 0.618 Fibonacci retracement of the recent decline, an area that often acts as a decision point in corrective rallies. This level is reinforced by VWAP resistance, drawn from the recent swing high prior to the series of sharp sell-offs.

The combination of Fibonacci resistance and VWAP creates a high-probability supply zone. Price rejection from this area, particularly on weak volume, strengthens the case that sellers remain active and willing to defend higher levels.

Acceptance below the point of control

Another important development is Bitcoins inability to hold above the local point of control (POC). The POC represents the price level at which the highest trading volume has occurred and often serves as a market balance point.

Finding acceptance below this level suggests that sellers are regaining control and that the market is transitioning back into imbalance. Historically, acceptance below the POC following a low-volume rally increases the likelihood of a rotational move lower, especially when broader structure remains bearish or neutral.

Range rotation likely to continue

From a market structure perspective, Bitcoin appears to be trading within a developing high-timeframe range. The lower boundary of this range is defined by the $60,000 support, while the upper boundary sits near $76,200. Until price can break above resistance with strong volume confirmation, rotations within this range remain the higher-probability outcome.

Given the current rejection and lack of bullish participation, the probability favors a move back toward the lower end of the range. A rotation toward $60,000 would be consistent with range behavior and would test whether buyers can continue to defend this critical support.

What to expect in the coming price action

From a technical, price-action, and market-structure perspective, Bitcoins recent bounce shows signs of weakness. The combination of declining volume, rejection from key resistance, and acceptance below the point of control raises the risk that the move higher is a bull trap.

If selling pressure increases, Bitcoin is likely to rotate back toward the $60,000 region to retest high-timeframe support. A strong reaction from this level would keep the broader range intact, while failure to hold could expose deeper downside risk.