I noticed an interesting situation on the weekly Bitcoin chart. The price has once again touched the lower boundary of the ascending channel, and at the same time, the weekly RSI has returned to the oversold zone. Such a combination has previously appeared before serious rebounds, although of course there are no guarantees. Tardigrade pointed this out — it seems the market is preparing something interesting.

In recent days, I noticed that flows into the BTC ETF have finally turned positive. After three weeks of outflows at the end of February, there was suddenly an inflow of 11.8K, which coincided with an influx of about $801 million. It could be a signal that major players are starting to return to the market.

The most interesting thing is the liquidity cluster. All of it is concentrated in a narrow corridor from $67,482 to $68,150. If the price breaks through the level of $67,078, it could trigger the liquidation of approximately $20 million in short positions. That’s why traders are closely watching this zone. Currently, Bitcoin is pushing into the $67-68K range, and each day could be decisive. Either a breakout upward to the next liquidity level or a pullback downward — the direction is still unclear.