Bitcoin remains bearish while key resistance levels continue to reject upward momentum.
Order flow shows weak whale activity and growing retail dominance during the decline.
Raoul Pal expects a parabolic move once lower liquidity zones trigger fresh accumulation.
Bitcoin traders feel uneasy after a sharp pullback from the recent swing high. Many hope for a strong recovery, yet price action signals caution. Raoul Pal now steps into the conversation with a bold claim. He believes the recent crash will not last. He also argues that the classic four-year cycle has ended. His outlook points toward a parabolic phase that could catch many by surprise.
https://twitter.com/Vivek4real_/status/1999222144136544739 Market Structure Faces Heavy Pressure
Bitcoin trades inside a clean descending channel that still guides the trend. Price attempted a breakout near the ninety-four thousand to ninety-five thousand region. A strong supply block sat there and stopped the move. Bears defended the level and forced a rejection. The broader structure stayed negative after that reaction. The pullback dragged Bitcoin toward the middle of the large eighty-two thousand to one hundred six thousand range.
The market respects the channel slope, and moving averages confirm the broader direction. Bulls wait for a decisive close above ninety-five thousand before calling a shift. A failure to reclaim that area keeps pressure on the market. The zone between eighty-two thousand and seventy-nine thousand stands out as major support. That region produced a strong buy reaction during the early correction. Traders watch this zone closely because another test may come soon. Momentum now fades, and risk still leans lower.
Sentiment weakens as order flow reveals cautious behavior from large players. The Spot Average Order Size chart highlights two important periods. The first period shows a mix of small and large orders during the March to May distribution phase. Whales reduced exposure slowly while smaller traders absorbed supply. That phase ended with a deeper correction. The second period shows heavy involvement from retail traders.
A Possible Liquidity Sweep Before Bigger Moves
A downward trend inside the second highlighted area raises concern. Large players avoid major involvement, which allows the market to drift lower. Past cycles show similar behavior. Bitcoin often dips into a deep liquidity pocket before buyers return. The zone between eighty-two thousand and seventy-nine thousand aligns well with that scenario.
Both technical structure and market behavior point toward that level. Raoul Pal’s view shifts attention away from short-term fear. He argues that the long cycle theory has ended. His thesis centers on rapid adoption and macro shifts. He believes these changes create powerful demand waves. Those waves could send Bitcoin into a parabolic climb.
Traders now balance caution with anticipation. A strong sweep of lower liquidity could create a fresh base. If that base forms and demand returns, a powerful trend may follow. Raoul Pal expects that trend to break old patterns. Readers should watch the lower zone and monitor whale behavior for early clues.
