🧠 Sentiment Snapshot: Bitcoin is reclaiming strength, trading near $93,000, with institutional inflows and ETF tailwinds fueling the move. Despite RSI nearing overbought (74.6), the structure remains constructive. The Fear & Greed Index has climbed to 42 (Neutral) from late-2025 lows, signaling a shift from fear to cautious optimism.
🔍 On-Chain Signals: - LTH activity is up, but mostly internal rebalancing—not distribution. - Exchange inflows remain muted, suggesting no panic exits. - $3.5B in whale accumulation on Jan 5 confirms conviction buying. - Custodial reshuffling dominates large wallet flows—bullish neutrality.
📈 Tactical Setup: - BTC broke above 21-DMA (~$89.5K)—a key trigger for trend reversal. - Symmetrical triangle breakout projects a move to $107K if $94K clears. - Funding rates stable, open interest rising—no signs of frothy leverage. - Spot ETF inflows hit $471M on Jan 2—largest in 35 sessions.
🧭 My Take: This isn’t a parabolic breakout—it’s a controlled rotation. Smart money is positioning, not chasing. If BTC holds above $90K with ETF inflows steady, $100K is a matter of time, not hype.
📊 Tactical bias: Bullish with trailing stop below $89.5K 🔁 Accumulation on dips, not breakout chasing. I'm long term bullish but short time pullback #bearish.
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