Bitcoin held the $90,000 region for 18 consecutive days, marking one of its longest tight-range consolidations this year.
This price action suggests a lack of decisive momentum from both buyers and sellers. A recent AMBCrypto analysis shows that Bitcoin remains at a pivotal level, one that could soon drive a more decisive move.
Will this support hold?
Bitcoin [BTC] Realized Cap Impulse, an on-chain indicator used to assess the momentum of Bitcoin’s realized capitalization, entered a historically important support zone,
This zone has played a critical role in determining price pullbacks on multiple occasions. Historically, demand has returned at this level, providing the catalyst needed for renewed upside momentum.
A failure to hold this support could trigger heightened selling pressure, as capital destruction spreads across the market once again.
Source: Alphractal
A decline below this level would expose two major support zones where the price could trend next if the current level breaks.
These zones include the Active Investors Mean near $88,000 and the True Market Mean around $81,400. A sustained move below both levels could push Bitcoin as low as $56,400, the final major support.
Such a move would also signal the beginning of a broader bear market.
Derivative fractal patterns emerge
Bitcoin’s Open Interest trends added another layer to the setup.
On-chain Mind data showed that Open Interest expansions between 40% and 60% historically coincided with local tops. By contrast, declines between 15% and 20% repeatedly marked local bottoms over the past three years.
At press time, Bitcoin’s Open Interest had fallen roughly 15%.
That pullback aligned with earlier bottoming patterns and increased the odds that Realized Cap Impulse support held.
Source: Onchain Mind
Derivative positioning continued to favor the upside, though without aggressive conviction.
Funding Rates remained positive above 0.0044%, indicating long traders paid shorts to hold positions. At the same time, the Long/Short Ratio hovered just above 1.02, suggesting modest long dominance.
Together, those metrics pointed to cautiously bullish sentiment rather than euphoric positioning.
Trading within a tight range
Liquidation data showed Bitcoin trading between two dense liquidity clusters.
Overhead liquidity extended toward $92,000, forming a clear resistance zone. Below, a concentration near $88,000 continued to attract bids and limit downside follow-through.
If Bitcoin moves higher, the price could likely face resistance from liquidity clusters overhead. Only strong momentum would confirm a bullish continuation.
Source: CoinGlass
A downward move could remain net positive if selling pressure stays limited, as the lower liquidity cluster is expected to act as a springboard for a rebound.
For now, momentum remains mildly positive, suggesting Bitcoin could attempt a bounce toward the upper end of the range.
Final Thoughts
- Bitcoin’s extended consolidation reflected a market waiting for confirmation rather than conviction.
- While support levels continued to attract demand, momentum remained fragile and highly sensitive to sentiment shifts.
Source: https://ambcrypto.com/bitcoin-holds-90k-for-18-days-can-this-finally-trigger-a-breakout/


