After ten thousand points of fluctuations, is a storm approaching?
Clearing landmines + dual alarms for capital movement!
BTC has rebounded strongly and is now in a sideways stalemate, with 104K becoming the dividing line for bulls and bears. The high accumulation of long positions below could trigger a liquidation chain at any moment. 108.5K is the last line of defense for the bears, and if it breaks, it may open a new round of upward movement.
Meanwhile, the inflow of USDT/USDC is evident, with US funds synchronously entering the market, but the STH-MVRV indicator continues to diverge. US sentiment is quietly shifting, which may hint at the approach of a local top.
Is this momentum building before a breakout, or a trap before a forced rally?
At this critical moment, we await the choice of direction.