- BTC Whale-Inflow has risen 26% this week, but long-term outflows are still heavier than the accumulation.
- Bitcoin’s price diving and valuation conflicts can delay a clean outbreak of more than $ 98k.
Bitcoin [BTC] shows early signs of a potential rebound, supported by a TD sequential purchase signal On the hourly table and renewed technical momentum. At the time of the press, BTC traded at $ 95,952.36, which marked a decrease of 0.33% in the last 24 hours.
Although the price consolidates below $ 96,000, different chains and derivatives are suggested that BTC may be preparing for a decisive move-as important structural signals.
Whale accumulation shows short -term entry, but …
Fresh accumulation of whales made for the first spark of optimism. Large Holder Netflow rose by 26.41%last week, suggesting that the short -term conviction at the current level.
The wider trend, however, remains weighed by the 30 -day and 90 -day Netflows, which, respectively, fall -108.09% and -110.13%.
That is why, despite the recent recovery, the long -term distribution continues to be a challenge to maintain Bullish Momentum.
Source: Intotheblock
In addition, Glassnode -data shown A significant increase in use on the chain, with 925,914 active addresses that have been registered in the last 24 hours.
This marks the highest level of network activity in six months and indicates a strong blockchain involvement.
Still, enthusiasm can become hot. The price of Santiment Daa Divergence was -225.82%, which shows that the price exceeds the growth of the organic address.
Source: Santiment
Valuation statistics reveal conflicting signals in BTC’s Market Health
Different valuation models present one Mixed prospects.
The Puell Multiple Sat at 1.36, indicating that miners are within a healthy reach.
In the meantime, the NVT and NVM ratios increased by 50% and 26% respectively, which suggests that market capitalization exceeds transactions and user activity.
Conversely, the supply-flow ratio has fallen by 50%, which indicates a reduced confidence in long-term scarcity prices. These conflicting statistics show that although the basic principles are not weak, the market in a gray zone continues to appreciate.
Source: Cryptuquant
In addition, Binance’s liquidation heat map reveals densely packed liquidity clusters near $ 94,000 and $ 98,000. These levels represent zones of high lifting tree positioning, where price volatility often increases.
If BTC breaks above $ 98k, this can cause a cascade of short liquidations that feeds upward impulse of fuel. However, a drop under $ 94k could liquidate long positions and stimulate the price lower.
As a result, traders must keep a close eye on these levels, because they can determine the next directional movement of BTC.
Can BTC break again above $ 98k or fix it again?
Bitcoin is flashing signs of recovery with rising network activity and fresh whale inflow.
However, long-term sales pressure, negative price-to-activity divergence and valuation voltage suggest that the path to an outbreak above $ 98k remains uncertain.
For the time being there is momentum – but caution is justified until more coordination between statistics occurs.
Credit : ambcrypto.com
