Bitcoin (BTC) has exhibited notable strength recently, leading to discussions about whether this is a genuine rally or a potential fakeout. The market has absorbed liquidity, showcasing a robust buying composition that suggests the possibility of a continuation move.
The key narrative unfolds through footprint charts, which reveal a consistent bid underpinning the market. This buying pressure is not merely the result of small purchases; it reflects a deliberate effort to push the price back above $90,000 whenever it dips. Passive sellers, both in spot and perpetual markets, are now being tested by this unwavering bid.
While sellers remain active, indicated by a liquidity stack above $92,000, their influence appears diminished compared to the early-November downturn. Instead of pushing the market lower, they are now under pressure themselves. The critical area to monitor lies in the dynamics of the order flow, which highlights where significant buying interest is concentrated.
One pivotal indicator suggesting a shift in buyer behavior is the emergence of a large delta print above $91,000. If this pattern continues, the price could breach resistance levels faster than anticipated. Currently, the main obstacle to Bitcoin“s acceleration is the passive selling wall just below $92,000.
A review of the daily chart indicates a positive momentum shift, with the bounce from sub-$85,000 lows still intact. A clear higher-low structure is taking shape, supported by increasing intraday volume and a recovering RSI from oversold conditions.
While a trend reversal is not yet evident, it is clear that buyers have regained control of the short-term auction. The upcoming U.S. trading session will be crucial; buyers will need to demonstrate follow-through to validate the strength of this aggressive bid. Holding above $90,000 and breaking through $91,500 would represent a straightforward strategy to force passive sellers at $92,000 to retreat.
