Since late January, $BTC has been trading in a fairly tight range and still hasn’t managed to break and hold above $80K.

The new week is starting with a bounce, but it’s still too early to call this a sustained move.

What stands out more is the on-chain divergence: wallets holding 100+ $BTC increased by 753 over the past 3 months (+3.9%), while price fell 20.2% over the same period.
That kind of divergence is hard to ignore.

Where do you think the market is headed this week? 👀