[Shocking Warning] Bitcoin trading is as cold as winter! Is it a precursor to a crash or the eve of a $100,000 surge?

Bitcoin network activity has plummeted to bear market levels—daily active addresses have decreased, on-chain transactions are quiet, as if the market has entered a 'sleeping period.' However, the underlying funds have not stopped flowing.

Although on-chain data is releasing bearish signals, the low volatility (currently at 25.80%) stands in stark contrast to the strong accumulation by institutions. This often signifies: the calm before the storm.

Currently, Bitcoin is hovering around $97,000, approaching the key resistance at $98,000. Once broken, $100,000 is just within reach; if it fails, a pullback to $92,000 or even $90,000 is also possible.

Institutions are quietly positioning themselves. In just three weeks, over $5.1 billion has flowed into Bitcoin ETFs, while major players have recently stealthily increased their holdings of millions of dollars in BTC. This indicates that large funds still hold a long-term bullish outlook on Bitcoin, even amidst imminent short-term volatility.

Next step: explosive rise or crash?

The Federal Reserve is about to hold a meeting, and the direction of interest rate policy will determine the market trend. The current silence may only be superficial; Bitcoin is standing at the critical point of dramatic change.