Technical analysis by SineHeidari about Symbol BTC: Sell recommendation (8/24/2025)

After the drop from $124,000 down to $111,000, many long-term investors reassessed their expectations for the $150,000 – $160,000 targets. As a result, we’ve seen consistent profit-taking at local highs, which has pressured the market lower. 📊 On-chain and order flow data indicate heavy liquidity inflows around the $106,000 zone. This suggests that price may get attracted to this level, where a potential bullish reaction could occur. 🎯 Meanwhile, the $119,000 zone could act as a favorable short opportunity, offering sellers a chance to lock in profits.