I just reviewed Bitcoin charts and there are some interesting details. The price is testing support in a fairly compressed range while the weekly RSI is returning to oversold territory—something that has happened before at major highs. What’s curious is that after 3 weeks of outflows, BTC ETF flows turned positive at the end of February, with an inflow of 11.8K BTC. That’s a signal change.

Looking at liquidity maps on Coinglass, there’s a concentration of orders around $67,482 and $68,150. If the price hits $67,482, it could liquidate about $20.5M in short positions. Coinglass data shows denser bands above, so there’s potential for acceleration if it breaks into that zone.

What I see is a market in waiting mode. The bullish channel remains intact, but we’re at the bottom. Coinglass confirms that liquidity magnets work in both directions, so it could go either way. Traders are watching to see whether $67,078 breaks or whether it bounces from here. For now, the $67K-$68K es the battleground.