Bitcoin update: Neutral zone, but whales hint caution 🐋⚖️

$BTC ’s macro temperature sits at 44% — a neutral zone where neither bulls 🐂 nor bears 🐻 have control. Price hovers around $118K, just under the $119.9K resistance.

📉 Profit-taking cooled from $3.2B to $1.4B after Galaxy Digital’s 80K BTC distribution — still elevated, but not triggering a sharp sell-off.

🐋 Whale moves: Outflows jumped +178% vs inflows +70% → more BTC leaving big wallets than entering. Historically, this signals possible distribution.

📊 Tech view: BTC remains in an ascending channel, but RSI is rolling over from 63 and sell pressure is showing in Spot Taker CVD. Key support at $116.4K — if it breaks, a deeper pullback could follow.

⚡ TL;DR: Market is balanced but fragile. Rising whale outflows + fading bullish momentum = caution. A breakout is still possible, but odds of a retest of lower support are growing.