The current consolidation of Bitcoin is showing signs of a deeper shift rather than a typical range-bound market. While price action appears relatively stable within a defined range, leverage behavior tells a very different story. Instead of a clear directional bias, the leverage delta has repeatedly flipped between positive and negative, indicating a lack of conviction among large market participants. How Bitcoin Market Structure Is Sending Mixed Signals There’s a critical shift unfolding in the current Bitcoin range, one that sets it apart from the previous consolidation phase