$BTC Lots of volatility into the weekend on Friday as often | DaanCrypto on Binance Square

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$BTC Lots of volatility into the weekend on Friday as often see.
The weekend is starting off slow and absent of any big headline that shakes things up, I doubt we'll see much action until Monday.

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$TOTAL Altcoin Market Cap Levels and regions marked how I see them. There has been a strong bounce since the April lows which stalled in the middle of May. Since then it has been a slow bleed down similar to previous time periods this cycle. Overall forming a lower high compared to early 2025.

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$BTC Trading in this tight range for the past couple of days. We've had FOMC and a lot of headlines happen during this time as traders have been getting chopped up in the 2% range. There are a lot of positions that have been built up on both sides in this range and it's clear where the liquidity lies. Currently in no place to take a trade on this but I will be looking out for a range high or low sweep and monitor the reaction from that point. Higher timeframe $100K & $110K remain key for June.

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$BTC The long term trend has been very clean. But recently, Bitcoin has struggled to break its current all time high region and has stalled out for now. The Bull Market Support band is coming in right below and would be a good support area to watch in case price were to re-visit it at some point. This can be soon, this can be later. Meanwhile, the band moves up with price. The cycle has now gone on for quite a while so holding on to the bull market support band will be critical to keep this cycle's momentum going.

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$BTC The past month, Bitcoin Spot ETFs have taken in over $5B in net inflows. Saylor bought about $2.2B and other companies like $GME have bought at least another 2B+. Likely contributing to a $10B+ net inflow from ETFs and companies. Meanwhile, price is still at thhe same level it was at 1 month ago. If the inflows keep going then that's good as eventually you'll chew through the supply. But if those were to stop or turn around, that could become a problem as we have seen the same thing every time since the ETFs are live. Big inflows + No price progression = Eventually leads to a local top being created. Long term I would say that every billion bought by ETFs and Saylor is another billion away from willing sellers and that is definitely bullish in the larger timeframe. But short term it's always a reason for caution for me when price is not moving with massive inflows (or outflows).

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$BTC The past month, Bitcoin Spot ETFs have taken in over $5B in net inflows. Saylor bought about $2.2B and other companies like $GME have bought at least another 2B+. Likely contributing to a $10B+ net inflow from ETFs and companies. Meanwhile, price is still at the same level it was at 1 month ago. If the inflows keep going then that's good as eventually you'll chew through the supply. But if those were to stop or turn around, that could become a problem as we have seen the same thing every time since the ETFs are live. Big inflows + No price progression = Eventually leads to a local top being created. Long term I would say that every billion bought by ETFs and Saylor is another billion away from willing sellers and that is definitely bullish in the larger timeframe. But short term it's always a reason for caution for me when price is not moving with massive inflows (or outflows).

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