Bitcoin( $BTC )just slipped under $116K and is now eyeing a key zone between $113K–$111K. 😬
📉 Futures are flashing warning signs—perps now trading below spot prices, hinting at short pressure. At the same time, spot inflows jumped $32M, signaling big players are either hedging or prepping to sell.
But wait—there’s hope. On-chain stats are booming:
Active Addresses: ⬆️ 11.6%
New Wallets: ⬆️ 7.7%
Network Buzz: Real 👀
This clash between rising sell pressure and bullish fundamentals makes $113K the battle zone. Lose it? We could be diving to $105K or worse. Hold it? Bulls might make a comeback.
📊 Momentum is fading (RSI at 44), so eyes on this level!
Agree or nah? Drop your take 👇 Let’s talk strategy.