🚀 Bitcoin’s October rally pushed prices to a new all time high near $125,000, driven mainly by massive ETF inflows and institutional demand. In the first two weeks of October, spot Bitcoin ETFs recorded billions in new inflows, pushing overall market liquidity to its highest levels in 2025.
📊 However, in the past few days, ETF inflows have cooled off, and on-chain data shows a mild decrease in active wallet activity a sign that some short-term traders are taking profits after the parabolic run. At the same time, open interest on Binance Futures and other exchanges remains elevated, suggesting speculative positioning is still strong.
⚙️ What This Means: • We’re now in a “reaccumulation phase” not a full reversal, but a cooldown after a major move. • BTC is currently consolidating between $110K – $113K, sitting right near the EMA-200 zone on the 4H chart. • If ETF flows pick back up or BTC breaks above $113K with strong volume, it could easily retest $120K+ again. • If volume stays low and $108K support breaks, we could see a correction back to $102K – $100K before the next leg up.
📈 Analysis: Price retraced to EMA(50) support near 220 after a strong breakout from 85 → 290. RSI cooled down and volume is declining on pullback signs of possible bullish continuation. If price holds above 210–220 and confirms with a 15m bullish close above 225, expect momentum toward 300+.