Bitcoin’s Hidden Zone Exposed: Why $105K Matters More Than You Think

Bitcoin’s latest slide has pushed prices toward $111K, as the market teeters on fragile footing after recent ￰0￱ this turbulence, BTC wallet cohorts are showing mixed signals, with $105K emerging as the strongest structural support ￰1￱ Eyes on $105K Support Zone BTC’s recent pullback from its all-time high of $124K has drawn attention to $105K as a potentially decisive level in the ongoing correction, according to the latest analysis shared by ￰2￱ behavior across cohorts pointed to a mixed but telling picture of accumulation and distribution ￰3￱ smallest holders (0-0.1 BTC) distributed heavily at the peak but quickly returned to accumulation as prices ￰4￱ indicates their tendency to follow rather than shape the ￰5￱ holding 0.1-1 BTC, however, began accumulating at ATH levels and have maintained steady buying.

Meanwhile, 1-10 BTC holders stopped distributing around $107K and have been ￰6￱ the other hand, 10-100 BTC wallets shifted from accumulation at $118K into distribution, reflecting a cautious stance by this ￰7￱ 100-1K BTC cohort appears most crucial as they show a balance of accumulation and distribution around $105K, which means that this level is a structural support ￰8￱ wallets, particularly 1K-10K BTC and 10K+ BTC holders, remain in distribution, though selling pressure has noticeably slowed as the correction deepened. Overall, distribution outweighs accumulation, but the intensity is ￰9￱ Bitcoin revisits $105K, CryptoQuant stated that this level will be tested as a critical “last stronghold.” A breakdown below could spark increased fear and accelerate selling, while strength could mean that the asset is poised for a stronger ￰10￱ wallet cohorts reveal cautious accumulation and distribution patterns, the derivatives market has already flushed weak hands through a major long ￰11￱ Hands Flushed?

Bitcoin’s plunge has triggered millions in long liquidations, wiping out late buyers who had piled in with excessive ￰12￱ event, known as a long squeeze, unfolded as forced sell orders cascaded through the derivatives market, which collapsed open interest and dragged Binance’s cumulative net taker volume to -$1 ￰13￱ the violent move rattled sentiment, it also performed a structural “reset” – overextended positions were flushed, leverage was reduced, and weak hands were shaken ￰14￱ cleanup leaves the market leaner and less vulnerable to further forced selling, but experts stated that with open interest reset and speculative froth drained, conditions now resemble a healthier foundation for upside.