I just noticed a quite interesting chart in the current Bitcoin market. The price is fluctuating around $67,000 on the daily timeframe, but on the weekly chart, the structure clearly leans bearish with 6 consecutive weeks closing lower. This creates a divergence that, in my opinion, could lead to strong volatility—what people call volatility is essentially this uncertainty when the market lacks a clear direction.

But here’s the interesting part. Money flow from Bitcoin ETF funds has just returned to a net inflow of $257 million, and the Coinbase Premium Index has turned positive. This indicates that US investors are quietly buying in, even though the price is moving sideways. It’s like a silent signal that buying pressure is accumulating beneath the surface.

What really caught my attention is that the weekly RSI has dropped below 25, an extremely oversold level. When was the last time I saw this? It was during times when the market was preparing for a strong rebound. At the same time, there’s a large concentration of short orders around $70,000—heavy bearish bets at that level. If the price moves up and triggers these orders, a squeeze could happen quickly.

I call this a bear trap forming. When the record oversold RSI combines with improving ETF money flow and a positive Coinbase Premium Index, the market is very likely to produce sharp moves to sweep liquidity on both sides. Selling pressure seems to be drying up, but instead of reversing immediately, the price might push up first to trigger short stop-losses, then choose the real direction afterward.

What is volatility if not this situation—when the market consolidates within a narrow range, liquidity clusters thicken at both ends, and just a small move can trigger a chain of orders? I recommend closely monitoring the order book, ETF money flow hourly, and investor behavior around key price levels. Otherwise, you might get caught in a sudden move without understanding why the price suddenly jumps up or down.