The Bitcoin market is showing a significant rebound after a correction, revealing renewed activity and confidence. Here's how to read the market signals this week.
📈 1. Confirmed rebound from $101,000
After a drop to $101,000, demand returned to the markets, allowing Bitcoin to climb back to $110,300, just $2,400 from its all-time high.
➡️ Staying above the psychological threshold of $100,000 shows that investor confidence is intact
💵 2. Profit-taking supported by LTHs
Long-Term Holders have just achieved a local peak of $930 million in capital gains per day.
But despite this withdrawal of capital, LTHs continue to accumulate more than they sell: the overall pressure on the market is therefore more structurally bullish than bearish.
🔍 3. Volatility is expected, but underestimated
On-chain, many coins are now trading very close to the current price, which is often a precursor to increased volatility.
In options, traders bet on low volatility – this positioning could trigger a sharp reaction to the upside or downside.
⚖️ 4. Key areas to monitor
Crucial support: the average cost basis of Short-Term Holders (~$97,600).
Significant resistance: $115,400 area, where selling pressure could strengthen
🧠 To summarize
The rebound from $101,000 confirms a healthy recovery, boosted by the confidence of long-term investors.
But with $110,300 just shy of record highs, resistance at $115,400, and latent volatility, this cycle is at a critical turning point.
The next step? Observe the ongoing consolidation, the behavior of derivatives, and especially the test of the STH support.
