Bitcoin #BTC #CryptoAnalysis #BinanceSquare #PriceAction #TechnicalAnalysis

📉 Bitcoin Price Action: Breakout or Breakdown?
Bitcoin is moving sideways — trapped between $106K–$110.5K — and traders are getting restless. Is this consolidation before a push higher, or distribution ahead of a deeper correction?
🔹 Price: ~$108.5K
🔹 Trend: Sideways
🔹 Volume: Dropping
🔹 Volatility: Compressing — expect expansion soon
🔍 Technical & On-Chain Notes
Funding Rates: Slightly positive — cautious optimism
Open Interest: Rising without price — leverage building
SOPR: Profit-taking active, but no major panic
Short-Term Holder Realized Price: Approaching spot — pressure point
🔐 Key Levels
Support: $106K–$105K
Resistance: $110.5K (local top), $114K (breakout zone)
Break below: Eyes on $100K liquidity
Break above: Path clears to new highs
ETF flows remain steady but slowing. With macro uncertainty and thin weekend liquidity, BTC is coiling — and when it unwinds, it won’t be gentle.
📌 Strategy: Stay patient. Let the range resolve. Don’t front-run volatility.#Bitcoin #BTC #CryptoAnalysis #BinanceSquare #PriceAction #TechnicalAnalysis