This wave of Bitcoin resembles the 'false calm' before a surge! Don't sleep anymore!
The recent trend of Bitcoin is very much like the tranquility before the storm.
Do you think it hasn't moved? In fact, it has been quietly accumulating energy.
Binance data shows that leverage is being withdrawn, and open interest has been declining continuously. This is not panic, but smart money squeezing out speculative positions to make space for the next wave.
But the price hasn't fallen; instead, it has quietly raised the lows, a typical signal of 'big funds collecting chips.' The spot buying is consuming, and it's clear who is selling and who is buying.
This is a divergence between price resistance and the withdrawal of leverage, a typical strong structural signal. Historically, whenever this type of trend appears, it either leads to a surge or is the beginning of a surge.
110K is the threshold; once it breaks through, it will directly push towards 115K or even higher in the short term.
Now the market is like a spring being held down; those who are still watching from the sidelines will miss the opportunity to jump in.
This is when smart money is quietly coming to the table, not when you continue to scroll through short videos.
Still think the market hasn't started? Then you might be standing on the edge of 'missing out.'