The market is behaving sharply: $BTC is merging, sales volumes are rising, sentiments are maximally toxic. But behind this chaos lies structural logic.
What is happening now
On smaller timeframes, massive sales are visible across the market.
On higher timeframes — demand is being squeezed out and weak longs are being cleared.
The previous bounce from $107,500 worked out perfectly — the price returned to the $98–96k zone.
Why #BTC can still push lower
Demand has noticeably waned — especially from large players.
Fundamental interest in BTC has fallen from $120k.
New incentives or new ideology are needed, as the old narrative "BTC rises because it rises" no longer works.
Key levels for execution
$98,500 → $96,200 — the zone where the battle is currently taking place.
A break below may trigger another wave of dumping.
BTC can still return to $115–120k, but only after a complete market cleansing.
Conclusion
For now — it remains a game scenario with liquidity and manipulations.
Stay out of emotions. The market is currently testing everyone’s strength.
