Bitcoin is entering a decisive phase after setting fresh all-time highs last week but failing to trigger a clean breakout. Following the rejection below $125K, the market has shifted into uncertainty, with volatility rising and traders split on what comes next. Analysts are divided: some warn of a breakdown below current range supports, while others argue that this consolidation is just another step before a continuation higher.

Adding fuel to the debate, new on-chain data from Lookonchain reveals activity from a long-dormant Bitcoin OG. This wallet, which first received 100,784 BTC ($642M) seven years ago, has ended its dormancy with a surprising strategy. Instead of continuing to hold BTC, the OG sold a significant portion while rotating into Ethereum. The whale purchased 62,914 ETH ($2

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