Bitcoin has shown strength near the 96000 dollar level. Large investors have been buying while retail traders remain cautious. Data shows that clients linked to big institutions added more than 646 million dollars in BTC. This indicates confidence from long term capital even as social sentiment remains negative. Retail traders expressed worry in online discussions reaching a ten day high.
The contrast between institutional and retail activity is important. Institutions do not chase short term moves. They buy during uncertainty while smaller traders hesitate. This creates a healthy market structure where demand absorbs available supply and prices hold. Disbelief in the rebound reflects caution rather than selling pressure.
Bitcoin recently broke out of its accumulation zone. The price had been trading between roughly 85000 and 95600 dollars forming a solid base. Now it has moved above this range. The previous resistance at 95637 dollars is acting as support. Pullbacks to this level attract buyers and reinforce the price floor. Above this support the next resistance is near 105000 dollars followed by 116147 dollars. Higher lows forming below these levels suggest a controlled rise rather than exhaustion.
Momentum indicators show steady buying. The relative strength index reached the upper sixties signaling healthy upside participation without being overbought. Spot trading confirms the strength as aggressive buyers dominate execution. Positive cumulative volume delta shows that buyers lift offers rather than wait. This indicates real demand behind the rebound rather than speculative spikes.
Leverage in the market has been reduced through recent long liquidations. Approximately 18 million dollars of long positions closed compared to less than 2 million in shorts. Bitcoin held near 96000 dollars despite this showing strong support underneath. Clearing overextended positions reduces market fragility and lowers downside risk.
Downside liquidity is also easing. Levels below 95000 dollars have thinned while heavier liquidity remains above. This reduces selling pressure below the current price and favors upward exploration if momentum strengthens. Untested liquidity above the current range may act as a target for further gains.
Overall Bitcoin’s rebound shows structural strength. Institutional accumulation spot buying leverage resets and easing downside pressure support continued upward movement. As long as buyers defend the 95600 dollar support zone the market is positioned for expansion rather than failure. Disbelief among retail traders has added momentum rather than weakening the trend.
The market is now in an early mark up phase. Price action reflects real demand and a healthy structure. Continued support at key levels and steady inflows suggest Bitcoin is ready for further gains while maintaining stability.
