Overview

• Bitcoin trades around $109K with little intraday change and about a 5% weekly decline, according to CoinGecko.
• Heatmaps flag heavy sell interest near $120K and buy support around $105K, with traders warning large holders likely steer near‑term direction.
• Trading activity rose late this week, with CoinGlass reporting roughly a 15% volume spike on Sept. 27 that points to greater institutional participation.
• The 60‑day Buy/Sell Pressure Delta has flipped into an opportunity zone while the slower 90‑day version remains cautious, suggesting early but tentative bullish pressure.
• Alphractal’s CDD Multiple shows reduced long‑term holder spending versus 2024 as BTC trades below its 50‑ and 100‑day averages, leaving a reclaim of roughly $112K as the marker for renewed momentum and $105K as the next key support.