The latest data shows that Bitcoin is attempting to re-test its historical peak (≈$109,000), but several on-chain indicators warn of a decline in buying momentum compared to the beginning of this year. In contrast, indicators of futures trading activity are showing a noticeable increase, reflecting the entry of major "whales" into new positions, which raises the scenario of narrowing trading margins before a new price surge.

For short-term traders, it is recommended to use a momentum trading strategy by following the RSI and MACD indicators on the hourly timeframe, while setting stop-loss orders tightly at 2–3% below the entry price to reduce risks.

What do you think about the possibility of Bitcoin breaking the January 2025 peak? Share your predictions and favorite tools!