Three crucial indicators offer insights into the future direction of Bitcoin’s price. First, the Bitcoin 1M 25 Delta Skew has dropped to -6.1%, suggesting increased demand for call options over put options. This suggests traders are confident about potential gains rather than hedging against risks. 2nd, Bitcoin’s spot Netflow has remained negative for five days, indicating a strong accumulation trend from both whales and retail investors. 3rd, the Whale Exchange Balance Change has dropped to -49.7K BTC in the last 30 days, reflecting reduced sell-side pressure. This suggests large holders are not offloading their Bitcoin. What does this mean for the price of Bitcoin? If trends continue, a breakout could see Bitcoin reach $107,225. However, if short-term investors take profits, we may see a retracement to around $101,530.