#BTC_UPDATE (Market Update – 4H & 1D Chart) • Bitcoin is currently trading around 69.4K. • There is a descending trendline above that is continuously rejecting the price. • As long as this trendline is not broken, bearish pressure may remain in the market. Important Levels: 🔹 Resistance: ✨ 70.5K – 71K (trendline area) If this level breaks with a strong breakout, the next move could reach 72.5K – 74K. 🔹 Support: 👀 68K is the first support. 😎 If this support breaks, the price could quickly drop to 66K – 65K. Important Scenarios: 1️⃣ Bullish Scenario: If BTC breaks the trendline with strong volume, a short squeeze could occur and the price may move toward 72K+. 2️⃣ Bearish Scenario: If the price gets rejected again from the trendline, it may retest the 68K support. ✅ Overall: The market is currently in a decision zone. If a breakout occurs, a strong pump can happen; otherwise, rejection may lead to another downside test. 📊📉 $BTC
$POWER whales are showing strong confidence right now. Most big wallets are in profit, with over $1M unrealized gains and a strong long dominance..... While some whales are still short and in loss, overall flow clearly favors buyers. Smart money positioning like this often hints at continued momentum if volume holds.
Stablecoin supply has remained flat since October, ETF inflows have turned negative, DAT inflows have stalled, and the volume of funds raised has returned to bear market levels. When inflows from all major sources simultaneously slow, price movement typically follows.
The only real factors that could be driving this are the accumulation of RWAs, the gradual return of major players to DeFi, and the potential positive impact of the CLARITY Act.
If these three factors don't lead to real capital inflows, the situation will remain devoid of liquidity.