BTC has experienced considerable volatility after setting a new all-time high. Prices quickly reverse, signal possible bull traps, and lead everyone to the question, what is the best code to buy now? Perhaps BTC is set up to experience horizontal integration for some time, within the $116 to $124,000 range.
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The Bulls pushed BTC to a new peak of $124.4K, but suffered intense sales pressure and were trapped by the deceased participants. It is now back to the 118K range. Maintaining this level is important for the bull cycle to be effective. Rebounds from the 118K level are a sure sign of a continuing bullish trend.
On the four-hour chart, BTC’s recent movements reflect a classic fluidity sweep. It went past previous all-time highs, triggering a breakout purchase and a stop loss, but it turned sharply.
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It then dropped sharply under previous lower swings.
Currently, BTC is trading between 116K to 124K range. Without a compelling breakout, analysts hope that price action will remain volatile.
In the meantime, traders have zero in liquidity pockets at both ends of the range.
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What does on-chain data show?
The average seven-day influx of Binance has skyrocketed as we speak, reaching one of the highest levels we’ve seen recently.
This metric tracks the average number of BTCs entering exchanges and has historically been consistent with preparations for sales, margin collateral, or institutional rebalancing.
The spikes show a stable inflow of BTC into Binance’s trading accounts from external wallets. Historically, such spikes have created short-term sales pressure when demand for sufficient locations is not met.
Additionally, Binance’s Netflow tests positive, indicating that the spill will run out.
If buyers do not absorb BTC, imbalances can lead to short-term volatility.
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The $12 billion BlackRock BET rattles out ETH supply, but is it still the best code to buy now?
BlackRock has acquired more than $12 billion in ETH in just 30 days, over 15 times more than BTC purchases in the same period, indicating a strong institutional pivot towards Altcoin King.
BlackRock ETH HOLDINGS
Launched in 2024, BlackRock-Controlled and Managed Isles Ethereum Trust ETF (ETHA) has already raised $1.5 billion in assets, highlighting ETH’s commitment to long-term value.
Its net publication fell to an all-time low in 2025 as its proof model and the EIP-1559 combustion mechanism permanently removes ETH from the circulation.
With BlackRock buying ETH, supply is definitely tightening further, liquidity is declining and price volatility is skyrocketing.
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Analysts predict that ETH could reach $5,000 to $7,000 in 2025.
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