Bitcoin is trading in a short-term range between $66,900 and $59,700, with the current price at the middle level. Despite early analysis suggesting a possible breakthrough of the resistance level at $66,000, Bitcoin was rejected at $67,000 and fell to $62,800 amidst slowing whale activity and decreasing ETF inflows. Larger indicators supporting Bitcoin's rise have declined, with negative ETF outflows and a decrease in whale trading volume since mid-March. The futures market shows bearish sentiment, with decreasing open interest and indecisive funding rates. Over the past three weeks, spot CVD has been trending downwards, indicating a potential downward trend or continued range trading for Bitcoin. The RSI indicator on the 6-hour chart shows bearish momentum, suggesting a possible further decline.