Bitcoin is coiling at the $108,000 mark while whales quietly load up tens of thousands of coins and rumors of a political “insider” short swirl in the background. With BTC rejected near $111,000 and momentum indicators flattening, the next impulse could be explosive—up or down. The edge goes to traders who define levels, wait for confirmation, and move fast when the tape gives it.

What’s Happening Now

BTC sits below $110,000 after a swift rejection near $111,000. The RSI ~44 signals neutral-to-slightly-bearish conditions, while converging MACD lines warn of a potential bearish crossover. Near-term flows reflect reduced risk appetite, but underlying support structure remains intact—for now.

Whales Are Buying the Dip

Wallets holding 10,000–100,000 BTC reportedly added more than 45,000 BTC post-crash, per Glassnode-style analytics. That accumulation suggests larger players are treating weakness as opportunity. Meanwhile, unconfirmed claims that a “Trump insider” opened a massive short and sold 4,250 BTC may have amplified volatility. Regardless of the headline, liquidity hunts are common—plan for them.

Key Levels That Matter

The $106k–$107k zone is the first major defense. Lose it cleanly and price can magnet to $104,000. On the upside, bulls must reclaim $110,000 to flip momentum and open a path to $113,000. Expect fakeouts—confirmation matters more than first touch.

Actionable Playbook

• Range-reversal long: If $106k–$107k is swept and reclaimed on 1h closes, consider a bounce trade toward $110k. Invalidate on a close back below the reclaimed level.
• Breakout momentum: Wait for a daily close above $110k, then buy a retest that holds; target $113k. Invalidate if price loses $110k again.
• Breakdown short: If $106k fails with rising volume and negative funding resets, fade bounces into $106k–$107k for a move toward $104k. Tight stops—trend can snap back.
• Risk controls: Position small in mid-range chop (107k–110k). Use hard stops, scale out at predefined targets, and avoid adding to losers.
• Data to watch: Open interest spikes (risk of squeezes), funding rate extremes (crowded side), whale wallet growth (sustained bid), and MACD/RSI divergences on 4h–1D.
• Longer-term bias: If you’re building a 2025 thesis, favor staggered entries on fear days over all-in bets. Let the market come to your bids.

Why This Matters to Traders

When smart money accumulates into weakness, it often narrows downside follow-through and sets up violent short squeezes—especially near obvious levels like $108k–$110k. But if supports fold, the next air pocket appears fast. Tactics beat predictions here.

One Takeaway

Trade the reaction at $108k: reclaim $110k and momentum longs to $113k are justified; lose $106k with confirmation and the door opens to $104k. Let price prove it, then act decisively.

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