$BTC ’s Decision Day: Big Move Loading? (6 May 2025 Update)

BTC is stuck at $93.7K right now, and the next candle might define the rest of May.

On May 6, 2025, here’s what I’m seeing on the charts and on-chain:

Funding rates cooling off → Possible trap for late shorters

Open interest rising without price movement = Explosion coming

On-chain SOPR dropping → Profit-taking done? Reaccumulation?

Whale Zones to Watch:

Breakout Zone: $94.6K → Target $97.2K

Breakdown Zone: $92.4K → Target $89.8K

Trade Plan:

Long above $94.6K (volume spike)

Short below $92.4K (candle close + volume confirm)

Don’t guess. React to the move.

Do you think BTC breaks out or fakes out today? Comment your play!

$BTC #cryptotrading #6May2025 #WhaleWatching #PriceAction #smartmoney