#Bitcoin trend breakdown had first reached $103,800 on May 8.

Despite 10 days passing, the price is still $103,800 at this moment, and $BTC continues to move sideways around this level.

Despite the sideways movement, there has been a net inflow of over 1 billion dollars into spot ETFs during this period.

If a weakening is observed in the data during periods of price stability, it indicates that the trend is weakening.

Looking at the current technical data;

🔹Whale activity is in the positive zone (+18)

🔹Funding rates are normal

🔹ETF purchases are ongoing

🔹Global side is positive

🔹Long rates are low

Despite the sideways movement, there is no sign of weakening in the data, and the technical indicators remain extremely positive.

Since there is no weakening in the data, we can say that the current trend is still very strong. In case of any weakening, I will make an instant update, friends.

Wishing everyone a great weekend and abundant profits.