๐จ Bitcoin Pulls Back From $122K โ Rally Pausing or Fading? ๐ฅ
$BTC hit $122K before sliding to $119,053, sparking debate: is this just a breather or the start of weakness?
๐ Key Insights:
Binance Dominance: Still nearly 2ร other exchanges combined, but no broad market volume surge vs. past ATHs.
On-Chain Cues: Binary CDD turning lower โ long-term holders staying put. Selling pressure remains light.
Trend Watch: โStair-stepโ rally forming โ gradual gains, cooling speculation, potential for stable growth.
๐ก Bottom Line: Broader exchange participation may decide if $BTC breaks higher or stalls.
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