$BTC #BTC Current Market Conditions: Bitcoin is hovering around $104,000, down 0.91% in the last 24 hours, with a 24-hour trading volume of ~$36.86B. Despite a 9.8% weekly gain, short-term holders are cashing out, with 30-day demand momentum showing a decline (-483K BTC). Long-term holders remain steady, but miner reserves are at a low of 1.8M BTC, signaling distribution. The market cap stands at $2.07T, with BTC dominance at 64%. Technicals suggest bullish momentum, but RSI above 70 hints at potential overbought conditions. Macro factors, like global liquidity and Fed policies, continue to drive optimism. Stay cautious, as volatility looms