#BTC Intraday Analysis
1️⃣ Structural Interpretation
Bitcoin's recent movement can be described as "life hanging in the balance." Not only has it fallen below $100,000 for the first time since June, but from its October highs, it has declined over 21%, confirming weakening demand momentum. Whether the previous bull market phase has ended remains uncertain. Although the $100,000 level has held so far, resisting a sharp drop, the short-term structure remains fragile, and caution is advised when adding positions.
2️⃣ Capital Flows, On-Chain Data & Exchange Dynamics
· Capital Flows (Market "Blood