Bitcoin 
$110,037.86‘s rally to $111,000 is losing momentum due to decreasing trading volume and divergence signals in technical indicators. Analyst IncomeSharks notes that the current market exuberance is similar to the over-optimism seen at past peaks. On-Balance Volume (OBV) indicator decreased from 1.83 million in July to 1.69 million. This shows that purchasing pressure has decreased despite the price increase. According to experts, this picture strengthens the possibility of correction in the short term. If the critical support at $110,000 breaks, Bitcoin’s momentum may weaken. However, a break above $115 thousand may move the price to the $120-125 thousand band.
Similarities and New Data in Market Behavior
The OBV indicator is an important tool that measures the volume strength behind price movements. While the price of Bitcoin has increased since July, the decline in OBV indicates that buyer desire in the market has decreased. Historically, such divergences have typically preceded corrections of 10-20%. According to IncomeSharks, the current picture points to a similar situation. Additionally, on-chain data reveals a decrease in transaction volumes of large investors (whales). Glassnode data points out a slight increase in net inflows to the stock exchanges; This shows that investors are turning to profit taking.
On the other hand, cautious statements by Fed Chairman Jerome Powell, published last week, also reduced transaction volumes in the crypto market. Although risk appetite revived for a short time after the interest rate cut in the USA, investors turned to profit taking. These developments limited Bitcoin’s upside potential and led to a similar stagnation in the altcoin market. Ethereum 
$3,846.74 While it holds around $3,950, BNB continues its horizontal course at $1,120.
Short-Term Risks and Possible Scenarios
If Bitcoin falls below the $110,000 support, the $104,000 and $96,000 levels may come to the fore. This situation may initiate a liquidation chain, especially in the futures market. However, exceeding 115 thousand dollars may restore purchasing power to the market. For this, transaction volume must increase and OBV must show an upward trend again.
Bitcoin’s current outlook suggests that the upward trend has entered a short-term pause. The weakening of OBV and the decline in transaction volume indicate that caution is needed. However, since the general trend is upwards, it should not be forgotten that corrections may create new buying opportunities. Experts emphasize that remaining cautious during periods of extreme market enthusiasm is a healthier strategy in the long run.
