Bitcoin’s cooling phase, smart Pullback or Cycle top?

BTC hit $111K and is now in a cooling phase.

But don’t panic, the macro structure remains bullish. Here’s the key:

• Price holding $103K

• Liquidity swept near $101K

• 100D & 200D MAs rising below at $92K–$95K

• RSI recovering from below 50

As long as $100K holds, it’s likely a healthy correction, not a breakdown.