🚨 The $98K Rejection Nobody Wants to Talk About, Is the Rally OVER?

Bitcoin just got slapped at $98,000.

And before you dismiss this as "normal pullback"… look at what's happening beneath the surface.

ETF inflows are SLOWING. The same institutional money that pumped $1.8B in last week? It's taking profits. BTC dropped to $95K and market cap slipped below $1.9 trillion.

But here's the part that should worry you:

CryptoQuant just dropped a reality check. Since March 2025, ETF Bitcoin holdings haven't made new highs. They've been moving SIDEWAYS or lower.

That's not accumulation. That's distribution.

"Liquidity is defined by sustained marginal demand, not sporadic green days."

Translation: A few big inflow days don't mean the trend is back. The institutions aren't loading up anymore. They're ROTATING.

And it gets worse.

OTC desks have been absorbing excess supply behind the scenes. But as ETF demand cools, that supply has nowhere to hide. It spills onto exchanges. Prices get pressured.

So what does BTC actually need?

According to analysts: "Bitcoin doesn't need a few good days. It needs several good WEEKS of consistent inflows."

The $100K level isn't just psychological resistance. It's a liquidity barrier with concentrated options interest sitting right there, waiting to reject the move.

Here's the honest truth:

If bulls can't break $98K with VOLUME, we're looking at a grind between $88K-$95K that frustrates everyone. Worse case? A flush to $80K-$85K.

This isn't bearish fear-mongering. It's math.

Watch the ETF flows. Watch the volume. The next few weeks will tell us everything.

Are the bulls exhausted… or just catching their breath?

#BTC