Bitcoin could be losing steam after its recent rally, according to a new report from Bitfinex’s research division.
While the broader market structure remains solid, analysts say key metrics now suggest a shift from acceleration to consolidation.
The report highlights softening spot volumes, fading buy-side pressure, and a rise in profit-taking—particularly among short-term holders who benefited from BTC’s climb above $80,000. At the time of writing, Bitcoin trades just above $105,000, down slightly over the past 24 hours.
Bitfinex believes Bitcoin may stay range-bound in the near term, pointing to a need for renewed demand or external catalysts—such as stronger ETF inflows or macroeconomic relief—to fuel another breakout. For now, the $94K–$99K range is seen as a crucial support zone that must hold to avoid a deeper correction.
Despite the slowdown, analysts remain cautiously optimistic. They note that Bitcoin’s structural support is intact, and no major breakdown has occurred. If broader liquidity conditions improve or institutional flows pick up again, the current lull could quickly shift back into bullish territory. Until then, the market appears to be in a holding pattern, awaiting a fresh driver.
Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is passionate about questions of meaning. He is a fluent German speaker as well as He has been in the crypto space for more than three years and has an eye for spotting emerging trends in the world of digital currencies. Whether providing in-depth analysis or reporting on all topics on a daily basis, his deep understanding and enthusiasm for what he does makes him a valuable addition to the team.
Source: https://coindoo.com/bitfinex-warns-bitcoin-may-be-entering-a-cooling-phase/