Price Movement: Bitcoin is trading around $108,000-$110,000, with recent reports indicating it briefly hit $110,280, nearing its all-time high of $112,040. However, bearish divergences and neutral funding rates suggest resistance at $110,000, potentially capping further rallies. Some analysts warn of a possible pullback due to weakening bullish momentum.Market Dynamics: The crypto market cap is approximately $3.32-$3.36 trillion, down slightly by 1-1.5% in the last 24 hours. Bitcoin’s market cap exceeds $2.1 trillion, but trading volume has decreased, with a 24-hour volume of around $30-33 billion, down 11% from the previous day.Analyst Outlook: A crypto analyst from Cointelegraph suggests Bitcoin’s four-year cycle may limit another parabolic rally, though the long-term outlook remains bullish with price targets of $130,000-$168,000. The $100,000 level is seen as a potential new bottom before a possible surge in the second half of 2025.Whale Activity: Significant movements by long-dormant Bitcoin whales have stirred markets. A whale transferred 80,000 BTC ($8.69 billion) after 14 years, with 40,000 BTC ($4.35 billion) moved recently, yielding massive returns from coins acquired in 2011 at $0.78. This activity has raised concerns about potential selling pressure.Institutional and Regulatory Developments:Hong Kong is positioning itself as a crypto hub with new regulations, signaling bullish sentiment in Asia.BlackRock’s Bitcoin ETF (IBIT) saw $340 million in inflows, and its annual revenue has surpassed some S&P 500 ETFs.Posts on X mention Bank of America potentially allowing BTC purchases soon, though this remains unverified.The Clarity Act is expected to provide regulatory clarity, classifying Bitcoin as a digital commodity, which could boost adoption.Market Sentiment: The Fear & Greed Index is at 52-54, indicating a neutral market mood leaning toward optimism. However, some traders on X note rejection signals and expect a drop to lower ranges, while others see bullish indicators like rising global liquidity and Coinbase stock breakouts.Other Notes: A Bitcoin treasury strategy is reportedly losing appeal for new firms, potentially impacting corporate adoption. Meanwhile, Bitcoin’s unrealized profits are estimated at $1.2 trillion, suggesting both investor gains and potential selling pressure if sentiment shifts.