Bitcoin – Short-term signal flashes elevated risk
Source: Alphractal
The oscillator moved into the “overbought” zone on the chart – Bullish momentum could pause or even reverse temporarily. While not a definitive sell signal, it does mark a point of caution. With elevated ratios and strong price resistance aligning, short-term risk might be somewhat heightened.
Long-term structure still bullish?
Despite the short-term shakiness on the charts though, the long-term data seemed to tell us a different story.
Source: Alphractal
At the time of writing, the metric sat comfortably in the mid-range of its historical cycle – A zone that has previously acted as a consolidation or a healthy correction point, rather than a peak.
What should you watch out for?
All eyes must stay on the $113k-$114k resistance zone – A level that coincides with elevated short-term risk.
A rejection here could trigger a wave of BTC-to-stablecoin rotations, leading to a healthy correction. On the flip side, a strong breakout above this range would invalidate short-term caution and bring momentum. Meanwhile, the long-term oscillator suggested there’s still room for upside, keeping the broader bull structure intact if liquidity remains favorable.
