NEWSLETTER
bitcoin is now in a crucial and uncertain phase, consolidating below the $ 100K brand and above the demand level of $ 95K, since the feeling throughout the market remains divided. The short -term price action does not show a clear address, leaving uncertain investors on bitcoin's trajectory. Speculation has grown that the bull cycle may have come to an end, feeding the fears of deeper correction.
Compared to the greater volatility of the last weeks, bitcoin's last price action has been relatively “quiet”, with the price stuck in a narrow range. This lack of movement reflects the current indecision of the market, since the bulls fight to recover $ 100K as support, while Bears cannot boost the price in lower demand areas.
Cryptoquant's key data reveal that merchants in the main exchanges have reduced leverage, a sign that market participants are being cautious about uncertainty. This decrease in leverage could mean that prices volatility remains short -term.
With bitcoin floating in this fundamental zone, the next few days will be critical to determine if the market resumes its upward trend or enters a prolonged consolidation phase. Both bulls and bears must act decisively to break this current stagnation and define the next important bitcoin movement.
bitcoin merchants remain calm in the midst of uncertainty
bitcoin merchants are reducing their risks as market uncertainty increases, without a clear direction in the short term for the price. After weeks of volatility, the current price action is stuck in a narrow range between the key demand and the levels of resistance. Analysts closely monitor the bitcoin movement, waiting for confirmation of a break above the $ 100K supply zone or a breakdown below the crucial demand of around $ 95K.
The superior analyst Axel Adler shared <a target="_blank" href="https://x.com/AxelAdlerJr/status/1890684531637665997″ target=”_blank” rel=”noopener nofollow”>Cryptoquant data in xhighlighting that merchants in the main exchanges have reduced leverage. Adler believes that this reduction indicates a more cautious approach among market participants, which could be translated into a relatively quiet weekend in terms of pricing volatility. This change in the merchant's behavior reflects the uncertainty surrounding the next bitcoin movement.
The feeling remains mixed, and many merchants speculate that bitcoin is preparing for a significant movement in the next few days. While the bulls have managed to maintain the price above the key support levels, the bears keep it below the $ 100K psychological brand, creating a dead point.
As bitcoin continues to operate sideways, investors are preparing for a possible break. The extended calm environment has historically preceded aggressive movements in the market, leaving merchants and analysts that speculate whether the next trend will confirm the continuation of the bull cycle or indicate a deeper correction.
Details of the price action: what to expect
bitcoin is quoted at $ 97,500 after several days of lateral price action below the 4 -hour exponential mobile (EMA) at $ 98,700. This EMA has been acting as a strong level of resistance, preventing bulls from recovering the impulse. If bitcoin is recovering the bullish force, it must overcome this critical Ema and, most importantly, claim the level of $ 100K in the next few days. A rupture above these levels would indicate the beginning of a possible recovery rally in higher price ranges.
On the other hand, if current indecision persists and bears manage to boost the lowest price, bitcoin could face a breakdown below the key support at $ 94,000. Losing this level would probably result in one more disadvantage, with the demand zone of $ 89K emerging as the next critical objective. Historically, this level has served as strong support, and its defense will be essential to maintain bitcoin's long -term upward structure.
As the market consolidates, the feeling remains divided, with bulls that fight to claim control and bears cannot trigger significant correction. The following movement will probably determine bitcoin's short -term address, which makes these key levels vital to see how merchants prepare for a possible change in impulse.
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