Momentum weakens as Bitcoin’s Advanced Sentiment d

• Bitcoin’s Advanced Sentiment Index dropped to 46.1% despite price recovery, slipping below the neutral 50% level.
• BTC must reclaim OBV above -80K and sentiment over 65% to sustainably move past $107K; else, $101.5K looms.

Since reaching a high of $110k four days ago, Bitcoin [BTC] has made significant losses amid political tensions in the Middle East. Over this period, BTC dropped to a low of $102k and then bounced back to $105k. 

Despite this bounce, underlying signals suggested that bullish conviction was fading fast.