After a week of strong gains, Bitcoin is currently consolidating around $74,700. Meanwhile, the record-breaking rally in global stock markets has temporarily paused ahead of the conclusion of the US-Iran trade war next week.



The subtle signals from the perpetual lending mechanism of Bitcoin indicate that the market is facing significant selling pressure, increasing the risk of a sharp decline in Bitcoin's price. Some traders believe that in the coming months, Bitcoin's price could fall to $125,000 as a result.

On-chain data shows that many active Bitcoin holders are currently on the sidelines, which means any upward movement driven by buying could eventually encounter selling pressure, and the final outcome depends on whether the US-Iran trade war will continue. $BTC
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