Analysts Warn of Profit-Taking as Bitcoin Finds Range
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While traders are returning to the market, analysts caution that short-term rallies may still face heavy selling pressure.
Cointelegraph’s Rakesh Upadhyay noted that “sellers are expected to continue closing profitable positions at intra-day range highs,” even as bulls defend the $107,000 support.
This dynamic suggests that swing traders are likely to sell into strength, creating choppy price action as Bitcoin stabilizes between major liquidity zones around $107,000–$115,000.
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Don't think many sell around 107K Most have paid more.