BTC Price Stuck: Will Tonight's US Stock Market Open Decide Direction?

A new week has begun, and market volatility is on the rise as institutional funds return. The Asian session saw several price spikes both up and down, but the direction remains uncertain.

The biggest feature of the market right now is cycle divergence, with short-cycle and mid-cycle signals not aligned. This results in frequent price whipsaws that trigger stop-losses without forming a sustained trend.

BTC has not broken its previous high for a week, and traders are waiting to see if momentum will strengthen. A daily chart close as a solid bullish candle could indicate the bulls continue their recovery, while a shrinking volume or bearish close may signal a new round of adjustments at the daily timeframe.