#BTC120kVs125kToday btc consolidating around $117k-$120k after hitting new ATH at $122k-$123k. rsi cooled from overbought to neutral at 55 with bearish divergences emerging. watching $115k support and $118k resistance - volume will dictate next move.

called the $117k-$118k consolidation zone perfectly - exactly where we're trading now. that bearish divergence we spotted at the $122k-$123k peak played out exactly as anticipated.

volume profile shows strong support around $115k-$116k where institutional accumulation happened. $118k resistance is the key level - former support turned resistance after the ATH rejection. break above here with volume confirmation changes everything.

- resistance is at $118.2k, then $120.5k-$122k major supply zone

- support sits at $115k-$116k (critical defense zone), then $112.5k and $110k psychological

- rsi is 55 - neutral territory, healthy reset from overbought

- momentum is consolidating after bearish divergence but structure intact above $115k

for a bullish setup - need volume-confirmed break above $118.2k, then $120.5k reclaim targets $125k and $130k.

for a bearish setup - loss of $115k support opens $110k-$112.5k, then deeper correction to $107k demand zone. massive liquidation clusters at $96k create cascading risk on any real breakdown.

feeling neutral here - the $122k rejection was expected and healthy consolidation is what we want. structure held above $115k exactly as anticipated. technical divergences suggest patience is key.

keeping positions light until we get clear direction from these levels. either way we're likely to see fireworks - just need volume confirmation of the next move. market's in a good spot structurally despite the short-term chop.

#BTCWhaleTracker #BTC120kVs125kToday