Bitcoin cools off — but is the dip just a pause, or a warning? 🧐
After touching a new ATH of $111K, $BTC has pulled back to ~$103K — a 7% drop that’s got retail traders stepping off the gas. 🚫📉
🔹 Transfer volume in the $0–$10K range dipped from $423M to $408M
🔹 Retail demand shifted from +5% to negative territory (-0.11%)
This tells us one thing: small players are on the sidelines. No FOMO, no fuel. 🚶♂️
Meanwhile, exchange reserves dropped 2.16% — coins are leaving platforms, which usually means bullish intent. But here's the twist: buyers aren’t stepping up either. Demand = silent. 🤐
Long-term holders? Still chill. 🧘♂️
CDD barely moved (+0.29%) — not panic-selling, but also not buying the dip.
Technically, BTC is stuck:
🔸 Below the 0.236 Fib level ($103.5K)
🔸 Under SAR resistance ($107.4K)
Bulls need to reclaim $104K+ to flip momentum. Until then, range-bound chop is likely. ⚖️
So what now? No panic — but no breakout either. The engine needs retail spark + volume to fire up again. 🔥
📌 Stay patient. Stay sharp. The next move won’t wait for latecomers.
