Bitcoin's recent price action has shown a struggle to sustain bullish momentum, despite traders' calls for a rally to $110,000. While market sentiment remains optimistic, historical trends suggest that a rally may take several days to materialize. The current elevated social dominance reflects the market's eagerness for another rally, but excessive hype often leads to a period of stagnation. Bitcoin's macro momentum has shown signs of hesitation, with accumulation slowing over the past nine days. The lack of significant buying activity has contributed to the consolidation phase, keeping Bitcoin from breaking out of its current range. Achieving a solid support level at $105,000 and breaking above $100,000 could fuel a rally, while a drop below the $95,668 support level could lead to further declines.



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