Bitcoin experienced an 8% drop following a Federal Reserve rate cut, briefly testing liquidity levels before rebounding above $98,000. A significant transfer of 72,000 BTC by a whale, including 8,000 BTC aged 5-7 years, has sparked speculation about a market top or a shift towards altcoins. Analysts are closely watching key price levels, particularly $103,600 and $100,000, to determine Bitcoin's short-term trajectory amidst this volatility.