#BTCWhaleMovement Current Market Overview

Price Retreat from $110K: BTC recently climbed above $110K but got rejected for the third time in a row, indicating resistance around that level .

Support Levels to Watch: Upside faces selling pressure near $110–112K; downside support lies between $105K–$108K .

🔍 Technical Indicators & On‑Chain Dynamics

Short-Term Bearish Signals: RSI and MACD show bearish divergence on intraday charts, hinting at potential pullback .

Consolidation Zone: BTC is trading within a symmetrical triangle (~$108K–$110.6K), indicating market indecision .

Holder vs Trader Standoff: On-chain data shows long-term holders are HODLing (~14.7M BTC), while leveraged traders are building positions—suggesting a coiled spring scenario .

Whale Wallet Activity: Movemen