BTC struggles to recover; The firm Firm Flag brings the businessman’s feelings and impatience

Bitcoin (BTC)
It continues to struggle for direction in the midst of macroeconomic pressure and a well -known deterioration in the retail sentiment to the investor. The property walks near $ 103,700 following a volatile 24-hour stretch, where it can easily drop below $ 103,400 before presenting a moderate recovery, according to the technical review model of Coindesk Research. This price behavior reflects a restless market backdrop, which is shaped by both geopolitical tensions and uncertain financial policy.
According to a X post Through Crypto analytics firm Santiment on Thursday, the emotion of retail investors became negative. The firm reported that the bullish to bearish commentary ratio fell to 1.03 to 1-the lowest since early April, when President Donald Trump revealed his so-called Liberation Day tariffs, triggered fear of the peak market at the time.
Santiment emphasized that the current wave of retail pessimism is unusual and, based on previous patterns, can mark a contractor signal for a price rebound. Particularly they mentioned that in April, Bitcoin rallied shortly after similar levels of fear to emerge, suggesting large investors often used retail periods of retail to accumulate at a desirable price.
Adding to pressure is the Federal Reserve’s recent decision to hold interest rates, maintaining BTCOIN’s trading at a relatively tight $ 100,000 to $ 110,000 range over last month. Meanwhile, on-chain metrics show the denial of open interest in Binance, which teaches the continued revocation of derivatives. At the same time, whale wallets have shown stable accumulation since 2023-an indication that large holders have continued to build their positions despite uncertain uncertainty.
Technical assessments
- BTC-USD exchanged for a 24-hour range between $ 106,552.98 and $ 102,411.01, a 3.89% swing as a spiked noon.
- A sharp collapse occurred between 14:00 and 17:00 UTC, which drives the price below $ 104,000 and forms a strong resistance near $ 106,000 above-average volume.
- The support appeared between $ 103,000 and $ 103,500, which combined the price decline in the last eight hours of the review period.
- A V-shaped rebound developed late in the session, with BTC rising from $ 103,363 to $ 103,618 and established a local floor near $ 103,500.
- Short-term momentum indicators showed mild recovery as the session was closed near the intraday highs, but the follow-through remained limited.
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