[Delphi Digital: BTC Needs to Break $103,500 for Bullish Confirmation, Stablecoin Metrics Indicate Poor Upward Conditions] Odaily Planet Daily News – Delphi Digital analysts posted on the X platform analyzing the current bullish and bearish structures of BTC. The bullish scenario views the current trend as an ABC correction, requiring a valid completion and breakthrough of $103,500 to confirm. The bearish scenario suggests that any rebound forming a lower high below $103,500 will trigger the next wave of decline to complete a full 5-wave downward impulse, after which a larger-scale sustained rebound may occur. Additionally, USDT dominance is breaking out of a long-term downward trend, and its supply is contracting on a weekly basis, which is not typically the ideal backdrop seen before sustained price increases.