$BTC (-3,36 %) is trading around $91.7K–$92K after rebounding from its recent dip near $84K. Volatility remains elevated, but buyers are stepping back in as macro sentiment improves. BTC is still well below its all-time high near $126K, yet current levels look like consolidation rather than breakdown.
Watching how traders position on BingX will be key as momentum builds
Meanwhile Bitcoin’s exchange supply has fallen by 403.2K BTC over the past year a major on-chain signal pointing to reduced selling pressure and stronger long-term holder conviction. With less BTC available on exchanges, market liquidity continues to tighten, increasing the probability of sharper moves once demand returns.