#数字货币市场洞察 A mysterious address dormant for a year has suddenly awakened.

The address "34qy7UD" withdrew 171 Bitcoins from a certain exchange after being inactive for exactly one year—at current prices, this transfer is worth nearly $15.8 million. Such large-scale fund movements are rarely random. Historical data shows that when long-dormant whale addresses become active again, it often coincides with subtle shifts in market sentiment.

Recent price action over the past two days is particularly noteworthy. The BTC price has rebounded more than 8% from its low and has built a clear support zone around $92,000 📊. However, the problem is that the price is still trapped below the descending trendline—this resistance line acts like an invisible wall, with several failed breakout attempts.

From a technical perspective, the ADX momentum index has climbed above 37, indicating that the current volatility is not weak. On the other hand, the 200-day moving average remains firmly above the price ⚠️, which means the long-term trend has yet to be fully reversed. Both bulls and bears are increasing their leverage; whoever can't hold on first will have to concede.

The current situation is a bit like a tug-of-war that has entered a stalemate: whale capital entering the market sends a positive signal, and short-term momentum is indeed increasing, but trend inertia and technical resistance remain as objective obstacles. Can the $92,000 level hold? If it breaks through, can it stabilize and challenge the six-figure threshold?

The market is waiting for an answer 👀