What indicates positivity
Bitcoin has seen a decline from its peak levels approaching ≈ $126,000, leading to a significant reduction in derivatives (futures) positions and leverage, which reduces the risk of a sudden market 'blow-up'.
Some analysts see it as 'relatively cheap' compared to assets like gold, based on volatility-adjusted risk metrics.
The support level around $100,000 formed a temporary bounce point, indicating a buying interest at this level.
🎯 Personal Analysis
I see Bitcoin currently in a transition phase:
If it stays above critical support (~ $100,000) and finds a positive catalyst (such as institutional entry or a change in monetary policy) => it could open a path towards resistance around $110,000-$115,000.
If it loses this support, the closest path is a larger correction, perhaps towards $90,000 or even below it — thus entering a 'waiting' or 'risk mitigation' mode may be logical for some traders.
For those using it as a long-term investment: the timing may be a good opportunity for gradual entry, but with the understanding that there are potential significant fluctuations, and that 'not risking' is among the wise complications.
