According to @glassnode, BTC is consolidating in the $104k to $116k air gap after significant investor absorption, highlighting a neutral range-bound regime for price action. According to @glassnode, futures and spot ETF flows show cooling demand, signaling softer momentum from derivatives and fund inflows. According to @glassnode, strength above $116k could revive the uptrend, while a breakdown would put $93k to $95k at risk as the next downside target. According to @glassnode, the trading focus is on a confirmed breakout above $116k or a failure that transitions price toward the $93k to $95k support zone.

According to @MI_Algos, significant blocks of liquidity are currently keeping BTC price confined within a narrow trading range. However, the source highlights that a dynamic shift may occur within the next three days, potentially impacting short-term trading strategies for Bitcoin. This liquidity-driven price action suggests traders should monitor order book developments closely for breakout opportunities. Source: @MI_Algos