The article discusses the current state of Bitcoin's price action, highlighting the lack of clear direction and increased uncertainty. It mentions that the market is in a state of equilibrium between buyers and sellers, with insufficient trading activity. The article also mentions key support levels and suggests that Bitcoin may find solid footing around the $90K threshold, potentially leading to a surge towards $108K. Additionally, it analyzes the open interest metric in the futures market, which indicates a trend of increased activity despite the price fluctuations. However, the direction of the market remains uncertain and further data is needed for accurate predictions.



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