Bitcoin’s slip below $110K rattled timelines, but the structure under the hood looks more like fuel than failure. With political noise spiking — Eric Trump floated a $1M BTC someday — the smarter question is simpler: what do price levels and market structure actually say right now, and how can traders turn a pullback into an edge?

What’s Happening

In the last 24 hours, BTC dipped roughly 1.1%, testing a long-term trendline where prior flushes set up fresh highs. Well-followed traders like BitBull frame even a brief move under $100K as a potential reset, not a collapse. Another voice, Mr. Wall Street, sees consolidation, not breakdown: a familiar range forming while the 25-period MA on the weekly chart still tilts in favor of long-term buyers.

Why This Matters to Traders

Corrections that hold higher-timeframe support often shake out weak hands and reload momentum. If this is a liquidity sweep rather than a trend change, well-timed entries can capture the next leg. But volatility cuts both ways — positioning into a vacuum without clear invalidation is how good ideas turn into bad trades.

Key Levels and Signals

• $110K: Reclaim and hold on a daily close = strength into prior range.
• $105K–$100K: Potential demand/long-term trendline zone. Watch reaction, not just the wick.
• Sub-$100K sweep: Fast reclaim of six figures often precedes reversal drives.
• Weekly 25-MA slope: Upward slope + price above = higher-timeframe tailwind.
• Perp vs. spot flow: Spot-led bounces > leverage-led squeezes.
• Open interest + funding: Elevated OI and positive funding into resistance = squeeze risk.

Actionable Setups to Consider

• Buy-the-dip ladder: Scale bids $105K → $98K; invalidate on a decisive daily close below $95K or a weekly close through the trendline.
• Breakout continuation: If price reclaims and closes above $112K–$114K on rising spot volume, target $120K+; stop just below the reclaimed level.
• Range trading: Fade extremes while the range holds; take profits at midrange; keep risk tight.
• DCA for investors: Use time-based adds during volatility instead of chasing green candles.

Risk Management First

• Size positions so each idea risks 0.5–1R max; always set a stop.
• Avoid high leverage into headline risk (macro prints, regulatory headlines, ETF updates).
• Track BTC dominance: Rising dominance into downside often punishes alts; reduce exposure accordingly.

Altcoin Read-Through

If BTC stabilizes and dominance cools, alts can catch a relief bid. If BTC slices cleanly below $100K with acceptance, alts typically underperform — keep rotations light, prioritize liquidity, and protect capital.

The Bottom Line

Treat the dip under $110K as a potential reset within a still-intact higher-timeframe uptrend, not a guarantee of collapse. Let price prove itself at key levels, then act decisively with clear invalidation and disciplined sizing.

If you don't want to miss any crypto news, follow my account on X.