I was following some technical analyses on BTC this week and found it interesting how several signals are aligning. Bitcoin remains in that tight range, but there are some details traders are watching.

I saw an analysis from Tardigrade showing that the weekly RSI has returned to the oversold zone, and the price is testing the lower support of an uptrend channel. According to the post, this has happened before near important lows, and then BTC recovered. But of course, nothing is guaranteed.

What really caught attention was the convergence of levels. Heavy liquidity is clustered between $67,482 and $68,150, and there’s a breakout trigger at $67,078. According to liquidation map analyses, a jump to $67,482 could liquidate about $20.5 million in short positions. These points overlap, which reinforces the importance of that zone.

And there’s more: BTC ETF flows turned positive in the last week of February, with an inflow of 11.8K after three weeks of outflows. This is also on the radar of traders monitoring the market direction. Basically, BTC is in a moment where the trend isn’t clear, but the technical levels are well mapped for when we know which way it’s heading.