Bitcoin Is Just One Push Away From Ending Its Correction — Here’s How

Bitcoin's price has been in a corrective phase, down about 13% over the last 30 days. However, two on-chain signals indicate this correction might be nearing its end. First, realized profit-and-loss data shows short-term holders are deeply in losses, a pattern typically seen near the exhaustion point of a downturn. Second, HODL Waves data reveals a massive 68% drop in the supply held by the one-day to one-week cohort, signaling heavy short-term selling that often completes corrections. Furthermore, Exchange Net Position Change has flipped from significant inflows to massive outflows (a shift of over 8.4x), mirroring a pattern that preceded Bitcoin's rally to its all-time high previously. For this bullish setup to confirm, Bitcoin needs a daily close above $94,140, which is only about a 4% move, breaking out of a symmetrical triangle pattern. A successful breakout targets resistance at $97,320 and $101,850, while a drop below $90,180 would invalidate the immediate bullish case.

(Source：BeInCrypto)