Bitcoin is struggling to establish a clear bullish structure in the short term, as selling pressure continues to dominate since the October 10 market crash. The asset remains caught in a volatile range, with traders unsure whether the next major move will mark the start of a recovery or the continuation of a broader correction.

According to CryptoQuant data, volatility on the daily timeframe remains elevated — reflecting the ongoing uncertainty and aggressive repositioning among traders — but the slope of volatility is beginning to decline. This cooling could indicate that Bitcoin is gradually stabilizing after weeks of erratic movement, potentially setting the stage for a massive impulse move once momentum returns.

However, analysts remain cautious about declaring a bullish reversal. Ma

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