Bitcoin, with increasing volatility, is entering an unstable trend... Is it entering 'chaos mode'?

Source: DigitalToday Original Title: Bitcoin, with increasing volatility and an unstable flow… entering 'chaos mode'? Original Link: Bitcoin has fallen to the $86,000 range, and short-term bearish pressure is strengthening again. Despite a brief rebound, the market is raising the possibility of a 'chaos mode' as it has not broken through the major resistance zone, leading to increased volatility.

Bitcoin recently recovered the $90,000 level, but selling pressure has re-entered, causing it to trade around the $86,000 range. After a sharp drop from the $120,000 level, which was the peak in November, a short-term rebound followed, but the upward momentum has lost strength and it has entered another phase of adjustment.

The trading volume remains at around $70 billion a day, but the market atmosphere is struggling to find a clear direction. The market capitalization of Bitcoin is maintaining above $1.8 trillion, but there has yet to be an increase in trading volume that would support a trend reversal.

On-chain indicators are showing mixed signals. While miner selling has decreased, short-term holders are entering low-price buying, and medium-term holders are realizing some profits. The fund flow of the exchange-traded fund ( ETF ) has also been alternating between net inflows and net outflows recently, stimulating investor sentiment.

The current market is experiencing an unstable flow without forming a clear trend. Buying and selling are being repeated at major support and resistance levels, resulting in increased short-term volatility, and the supply-demand structure is not showing a consistent direction. It is anticipated that whether Bitcoin can recover to the $90,000 level through a short-term rebound or if it will face a correction to the low $80,000s due to strengthened selling pressure will be determined by future trading volume and changes in market sentiment.