#BTCBreaks99K | The Bulls Are Back in Control!
As BT
C smashed past $99K and soared to a high of $104,145.76, Binance recorded a record-breaking 24h volume, with futures open interest climbing to new heights. The long/short ratio has remained above 1.8, confirming the market’s aggressive bullish stance.
Funding rates, which briefly turned negative during sideways movement, are now firmly back in positive territory – reflecting renewed trader confidence in the ongoing rally.
Binance’s internal desk reports show whales stacking buy walls just below $99K, suggesting this isn’t merely a spike… it’s potentially the beginning of the next major leg up.
With price now holding around $102,788, eyes are on the $105K resistance zone, where some serious decisions will be made. Retail + Institutional activity is heating up, and bears are clearly on the back foot.
Stay sharp. Ride the wave. Watch the levels.