$BTC Bids around $103,300, fluctuating between $102,800–$103,900 today.

Technical indicators show a bounce from the 26-day EMA, signaling short-term bullish momentum towards the resistance zone of $106K–$110K.

Today, there is an expiry of options worth $3.5 billion, which could potentially trigger spikes in volatility.

The recent drop (~4%) has caused an extremely bearish sentiment among retail investors, but history shows that such pessimism often precedes rebounds.

🔹 Broader crypto market

The total market capitalization has decreased by ~2.2–3.5% over the last 24 hours, currently fluctuating around $3.2 trillion.

Altcoins are under pressure: capital has decreased by ~12% over 30 days, ETH –10%, SOL –11%.

Meme cryptocurrencies and low market caps are rising (15–30%) even despite the drop in BTC — a classic case of “micro-surge in macro-decline.”

🔹 Macro and structural catalysts