According to Trader Tardigrade, Bitcoin has established a new trading range, offering clear support and resistance levels that traders can capitalize on using range trading strategies. By buying near the lower boundary (support) and selling near the upper boundary (resistance), traders can exploit frequent price oscillations within this well-defined zone. The current setup is attractive for both short-term scalpers and swing traders, as the range presents repeated entry and exit opportunities until a confirmed breakout occurs (Source: Trader Tardigrade on Twitter, May 6, 2025).