Bitcoin has been on a strong rise for several months, but now the market atmosphere has changed. The rhythm of the candlestick chart is slowing down, and trading volume is decreasing; that clean upward trend line is starting to bend. Around $107,000, many traders have noticed possible reversal signals. It's not panic time yet, but this is indeed the first 'pause' after a long-term rise.
In the past few weeks, Bitcoin once surged to a high of $126,000, mainly driven by institutional funds and optimistic ETF sentiment. However, as global markets have become cautious—especially with the intensifying tensions between China and the U.S. and rising risk aversion—the crypto market has started to cool down. Billions of dollars in liquidations have caused volatility, and the previously stable upward trend has begun to show cracks.
From the weekly chart, Bitcoin seems to have entered a short-term correction phase. The price has already fallen below the 10-day and 50-day moving averages, and momentum is weakening. The range of $107,000 to $115,000 has become a key battleground — if it breaks below the lower limit, bears may take control of the market; if it breaks above the upper limit, bulls may make a comeback.
The daily chart also reveals signs of tension. Each rally has been accompanied by declining trading volume, indicating a weakening buying force. However, the support zone between $105,000 and $108,000 has repeatedly held against the decline — if buyers can defend successfully again, the market may still recover upwards.
So, is it time to sell BTC now?
It depends on your goals. If you have held from a low position to now, taking partial profits is a wise choice. You can lock in gains while guarding against a deeper pullback. For conservative traders, a stop-loss can be set below $105,000, as that is a critical point that could lead to a deep adjustment.
However, there are also reasons to remain patient. Institutional funds are still strong, and Bitcoin's position in the global financial system continues to strengthen. As long as the demand for ETFs remains, and there are no sudden risks in the macro environment, the long-term trend for Bitcoin remains optimistic. Sometimes, the smartest choice is not to sell everything, but to tighten risk and let the market speak for itself.
In simple terms:
If Bitcoin falls below $107,000, it may further test downside.
If it reclaims $110,000, the bulls will regain control of the pace.
Before that, the market remains in a balanced state — patience may be the best trading strategy.
#BTC走势分析 #MarketPullback #BTCSELL
