The cryptocurrency market is experiencing a split in sentiment as investors prepare strategies around the critical $105,000 technical level. Despite a generally bullish trend, uncertainty in macroeconomic conditions and low volatility are making directional bets challenging. Bearish investors are targeting the $105,000 mark, a key level that bullish traders aim to defend. The bearish argument is entering a time-sensitive phase, with failure to hold this level potentially invalidating their stance. Meanwhile, some traders are holding $110,000 call options set to expire over the weekend, focusing on buying opportunities in the current low volatility environment rather than selling.