Bitcoin (BTC)
Continue to fight for management among macroeconomic pressures and a significant deterioration in the feeling of retail investors. The asset oscillates nearly $ 103,700 after a 24 -hour volatile section, in which it fell under $ 103,400 before staging a modest recovery, depending on the CoindSk Research technical analysis model. This price behavior reflects a worried market background, shaped by both geopolitical tensions and an uncertain monetary policy.
According to an X post of the Crypto Santly Analysis Society on Thursday, the feeling among retail investors has become strongly negative. The firm said that the Haussiers and lowering comments ratio fell to only 1.03 to 1 – the lowest since early April, when President Donald Trump unveiled his so -called Liberation Day rates, triggering fear of the advanced market at the time.
Santiment stressed that this current wave of retail pessimism is unusually intense and, on the basis of past models, can mark a contrary signal for a price rebound. They specifically noted that in April, in April, Bitcoin rallied shortly after similar fear levels have surfaced, suggesting that large investors often use retail periods to accumulate at favorable prices.
Adding to pressure is the recent decision of the federal reserve to maintain stable interest rates, which maintained BTcoin negotiating a relatively tight range of $ 100,000 to $ 110,000 in last month. Meanwhile, chain metrics show a drop in open interest in binance, stressing that derivative traders have continued. At the same time, whale wallets have shown regular accumulation since 2023 – an indication that large holders continue to build their positions despite short -term uncertainty.
Strengths of technical analysis
- BTC-USD exchanged in a 24-hour range between $ 106,552.98 and $ 102,411.01, a 3.89% swing as volatility increased at noon.
- A clear drop occurred between 2:00 p.m. and 5:00 p.m. UTC, growing the price of less than $ 104,000 and forming high resistance nearly $ 106,000 over an average volume.
- The support emerged between $ 103,000 and $ 103,500, where prices have been consolidated as a drop in volume during the last eight hours of the analysis period.
- A V -shaped rebound developed at the end of the session, BTC going from $ 103,363 to $ 103,618 and establishing a local floor nearly $ 103,500.
- The short -term Momentum indicators showed a slight recovery as the session ended near the intrajournal summits, but the follow -up remained limited.
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