BTC 4H still feels heavy into 69–70K.

Structure hasn’t changed: price keeps rotating back into the zone, pops a bit, then sellers lean on it. No sharp rejections—just steady supply sitting there. That’s classic distribution behavior.
What matters now isn’t the level, but the next test:
If pushes get shallower
Highs start compressing
Volume fades on rallies
…that usually signals buyer exhaustion, not strength.
If that plays out, 62K comes back into focus—not as “support,” but as unfinished liquidity the market tends to revisit after distribution.
Bias flips only if Bitcoin accepts above 70K (hold + build, not just wick).
Until then, that 69–70K band looks more like a sell zone than a breakout to chase.