### Volume Patterns Indicating Strength at $96,200-$96

**1. Volume Spike on Rejection (Jan 14 20:00

- BTC probed $96,269.41 (low) and recovered – with a volume of **$215.3M,** which was the strongest in the past 4 hours since Jan 13.

- In this case, **2,216 BTC changed hands**, close to 5 times the average hourly activity of the previous 12 hours; this is indicative of aggressive buying at this price.

**2. Volume on Pullbacks, Volume on Bounces**

Trading on pullbacks usually

- Since the bounce on Jan 14 after 24:00, each retracement to $96,300 (for example, $96,269.41 on Jan 15 at 00:00) happens on **reduced volume** (between $4.4M-$7.8M per hour),

- This asymmetry, with reducing sales pressure and increasing buying, thus verifies absorption and rules out exhaustion. 3. No Breakdown Volume Surge - Notably, there was **not a spike in volume below $96,200**, no massive sell orders kicking off liquidation cascade exits. The hour with the lowest volume in the range was Jan 15 04:00 ($4.4M), but the price maintained despite this.