Amidst the changing landscape of the market and the evolving macroeconomic indicators, Bitcoin maintains its long-term trajectory, with its broader narrative extending far beyond mere headline price fluctuations. The disconnect between the apparent price movements and the foundational elements indicates that the long-term outlook for BTC is still solid, despite the increasing complexity and maturity of the factors influencing its upcoming phase. Bitcoin continues to stay in sync with its long-term upward trajectory; however, the key indicator is absent from the price action. It is disclosed on X that liquidity has been subtly tightening, with one of the most evident indicators being TOTAL/BTC, which persists in its decline while BTC maintains its structural levels.
This type of arrangement doesn’t induce panic in the market; it simply requires a bit of patience. Should liquidity conditions start to improve while the BTC trend remains steady, the reaction will not be immediate. However, it will surface gradually through rotations first, but not through headlines. “What’s your take on this current phase?” The recent dip in Bitcoin does not alter the larger trend developing throughout the market. As BTC has dipped in recent days, meme coins have been subtly establishing some of the most orderly corrective patterns observed in this cycle.
Crypto analyst pointed out that these meme coins have been responding vigorously to even slight BTC rebounds and maintaining their structure during sudden dips. The confluence of tight corrective structures and a prevailing bearish sentiment across major assets has once again tilted towards the bearish side. Meme coins are simultaneously maintaining their position at the forefront of this broader rally, setting the stage for an imminent explosion. According to a source, this arrangement indicates that 2026 is the year when numerous meme coins are expected to realize their full potential. The signals are already apparent for those who are observant.
Ardi notes that a significant development for Bitcoin in the past week has been its ability to reclaim and maintain the 200 Simple Moving Average (200-SMA) on the 4-hour chart, a level that has consistently served as a dependable trend filter during this cycle. As this move trends downward, the price action will face challenges in sustaining local higher highs, leading to ongoing downside flushes. However, when the price recovers and starts to rise, the market will shift into a phase of sustained momentum. This marks the first successful reclaim and hold of the BTC 4-hour 200-SMA since the October crash. This doesn’t automatically indicate that the bull run has returned, but it could provide BTC with a stronger opportunity to break past the $94,500 mark.