- Bitcoin ETF inflows rebound to $3.02B, but price stalls below $95K amid market hesitation
- Whales show bearish divergence; rising shorts suggest BTC may face cooling before chasing $106K
Bitcoin’s [BTC] latest surge — driven by a staggering $3.02 billion in ETF inflows — has rekindled bullish ambitions for a breakout beyond $106K. Yet beneath the surface, signs of caution are mounting.
Large holders are hedging near the $95K zone, while short positions are quietly stacking up, hinting that the market may be bracing for a correction or a cooling-off period before the next move.
ETF momentum returns, but caution lingers
Whale sentiment turns cautious
Is momentum showing signs of fatigue?
Bitcoin was consolidating just under the $95,000 mark at press time, with recent candles forming a tight range, suggesting indecision.
The RSI stood at 66.83 — hovering near overbought territory but not breaching it — indicating that bullish momentum is slowing without a confirmed reversal.
Source: TradingView
Meanwhile, OBV has flattened, pointing to waning buying pressure despite recent price gains. If BTC fails to breach the $95K-$96K resistance zone with volume, a short-term pullback could follow.
However, holding above $93K would keep bulls in control, with $100K remaining a psychological magnet if momentum reignites.
