Bitcoin remains range bound near key INR price ceiling

₹9,760,000 was the BTC print during the latest hourly check, showing mild 0.5 percent green movement suggesting consolidation continues with no aggressive directional confirmation. Market structure remains tightly range bound with heavy capital concentration in BTC while altcoin rotation stays fragmented across inconsistent liquidity pockets. Derivatives traders said positioning behaviour continues to depend on sudden macro triggers rather than internal crypto cycle catalysts. These conditions create favourable environments for short-range carry harvesting and stable implied volatility monetisation strategies rather than breakout directional momentum trades.