Whales & ETFs fuel Bitcoin surge: $3.02B inflows spark $106K price breakout hopes
- Bitcoin ETF inflows rebound to $3.02B, however value stalls beneath $95K amid market hesitation
- Whales present bearish divergence; rising shorts counsel BTC could face cooling earlier than chasing $106K
Bitcoin’s [BTC] newest surge — pushed by a staggering $3.02 billion in ETF inflows — has rekindled bullish ambitions for a breakout past $106K. But beneath the floor, indicators of warning are mounting.
Giant holders are hedging close to the $95K zone, whereas brief positions are quietly stacking up, hinting that the market could also be bracing for a correction or a cooling-off interval earlier than the subsequent transfer.
ETF momentum returns, however warning lingers
Whale sentiment turns cautious
Is momentum exhibiting indicators of fatigue?
Bitcoin was consolidating slightly below the $95,000 mark at press time, with latest candles forming a decent vary, suggesting indecision.
The RSI stood at 66.83 — hovering close to overbought territory however not breaching it — indicating that bullish momentum is slowing and not using a confirmed reversal.
Supply: TradingView
In the meantime, OBV has flattened, pointing to waning shopping for strain regardless of latest value good points. If BTC fails to breach the $95K-$96K resistance zone with quantity, a short-term pullback may comply with.
Nevertheless, holding above $93K would preserve bulls in management, with $100K remaining a psychological magnet if momentum reignites.
