$BTC Review
BTC encountered resistance at $106500 twice, this level is close to the upper range of the consolidation area, facing short-term pullback pressure.
- ETF net inflow of 3500 BTC yesterday
- http://Pump.fun plans to raise $1 billion at a $4 billion valuation
The market is consolidating, which is in line with expectations. Considering the impact of Pump's fundraising plan on the market, and the current position being close to the upper range of the consolidation area, short-term pullback risks need to be noted.
