Quick observation:
Sunday is usually when the market is in "hibernation", but today Bitcoin (BTC) is showing extremely strange price action around the $90,000 - $93,000 range. Instead of a boring sideways movement, I see the trading volume gradually increasing, a signal that the "whales" are quietly accumulating over the weekend.
💡 Why is this one hot right now?
Price holding sentiment: After the recent fluctuations, the fact that BTC is still holding above 90k is an extremely "bullish" signal.
Cash flow: On-chain data shows that the amount of BTC withdrawn from exchanges (outflow) is increasing again. Simply put: Scarcity means prices can easily soar.
Feeling: This phase doesn't really feel like a "bull trap" much, because the buying force below is very strong. It feels like a spring that is tightly compressed just waiting to burst.
🔥 Controlled FOMO:
To be honest, if BTC breaks the $93k resistance decisively within the next 24 hours, the chance to reach $100k will be very bright. This is a "sensitive" phase - entering early means a good position (great entry), but entering late when it has already soared means either chasing the peak or regretting. Those who are watching (looking to buy) should check the chart right now, don't miss the timing.
🎯 To conclude:
I am currently allocating funds to gradually enter this zone. If the scenario is correct, next week will be very joyful. You all should do your own thorough research, as opportunities always come with risks!
