#Trump100Days

Bitcoin struggles to break through the main resistance at $95,500.

The price remains without a clear short-term trend, while trying to break through this resistance that was support in February, and as we can see on-chain, this selling pressure is strongly derived from profit-taking by STHs.

This region predominantly features the positioning of short positions just above the current price.

A pullback to the initial control point of the trend around $91k with another rejection could be ideal for this selling pressure to exhaust and for us to break through with greater volume.

But whether it will happen or not, we will just have to wait and see.