$BTC caution bull trap!

Currently, BTC has been in the re-accumulation zone with a supply pattern in the price range of 93.4k - 96.8k for over 15 days. When will this process end, and will today continue to be a price drop returning to the lower boundary of 93.7k? Let's consider the following scenarios:

1. In the scenario at the price level of 96.8k, if BTC does not show the buying power of institutions entering to break the price level of 96.8k, we will see a very clear signal similar to the session at 23:00 on February 14, 2025, where the volume at the resistance level of 96.8k increased but not significantly compared to previous sessions, combined with BTC breaking out of the 96.8k zone and immediately returning to the boundary zone, we can confirm that BTC will return to the 93.7k zone and continue re-accumulating. The likelihood of this scenario is 75%.

2. In the scenario at 96.8k, if we see institutional buying power continuously entering similar to the explosive session at 07:00 on November 6, 2024, or the explosive session at 19:00 on October 14, 2024, we can confirm that the scenario is highly likely that BTC will enter an official price push phase, ending the tedious sideways accumulation process over the past 15 days. However, the likelihood of this scenario occurring is only 25%, but in this market, nothing is impossible, so traders must remain active and closely monitor the market today to anticipate this scenario.

Therefore, in today's session, we should stay aside and wait to see how BTC reacts to the price at this 96.8k zone. If the institutional buying power is weak, we will reverse and enter positions.