BTC Nears Breakout Zone - But Volume Signals HODL Mode

We’re getting close.

Bitcoin is now trading just 3-5% below its all-time high of $112,000.

The structure looks good.
Momentum is climbing.
The daily chart is clean.

But something’s missing…

Let me explain why that matters — and what it means for the next move.

Spot Volume Has Collapsed to 2020 Levels

According to the latest CryptoQuant data, average spot trading volume on centralized exchanges (CEXs) has dropped to its lowest level since October 2020.

Yes — 2020.

This isn’t just noise. It’s a major signal.

Let me break it down:

• In October 2020, BTC was trading around $10K–$13K

• Volume was quiet

• Most of CT was asleep

• One month later, we broke into the early stages of the bull cycle

Now in 2025, we’re seeing the same volume behavior — just 6% below ATH.

But the market is holding, not dumping.

That tells me one thing:

Coins aren’t being sold.
They’re not being transferred.
They’re not moving.

The market isn’t panicking — but it’s not frothing either.

It’s sitting. Waiting. Coiling.

What “HODL Mode” Actually Means

Some people think low volume means disinterest.

Not in this case.

This kind of volume behavior reflects conviction — not weakness.

It’s what happens when:

• Long-term holders don’t want to sell

• Short-term traders are waiting for confirmation

• New capital hasn’t entered — yet

So no, this isn’t bearish.

But it’s not full-blown bullish either.

Which is why this zone matters so much.

Price Action: The Last Barrier

Right now:

• BTC is trading at $110,000

• After that? → ATH at $112,000

If we break $109K with conviction?

It’s game on.

That would confirm the breakout and likely send BTC into price discovery.

But if we stall again here?

We could revisit $103,600 — our key support that’s held since early June.

I’m watching this range like a hawk.

Because what happens between $103K and $112K is going to define the next 60 days.

What This Means for You

If you’re a trader, here’s the read:

✅ Still in uptrend — higher lows are intact
✅ Momentum returning — reclaiming EMAs
✅ No heavy sell pressure — HODL mode confirmed
✅ But volume low — no breakout confirmation yet

This is the zone before volatility.

It either breaks out — or breaks down.
There is no sideways forever.

I’m preparing my team inside 9-5 Traders for both.

• If we break $109K → I’m rotating into high-beta alts

• If we reject again → I’m prepping defensive plays & rebuy zones

• Either way → I’m not reacting. I’m positioning

👉 [Join 9-5 Traders Now]
Because the breakout is coming.

Whether it’s this week or next month — the volume coil is almost done tightening.

When it releases?
It’ll be fast. Violent. And it’ll catch most people sleeping.

But not us.

-Victor