BTC Holds Above $100K for 27 Days Despite 2.87% Dip Amid ETF Slowdown and Seasonal Trends

Bitcoin (BTCUSDT) is currently trading at $101,929.08 on Binance, reflecting a 2.87% decline over the past 24 hours from a 24h open of $104,940.00. This price drop is attributed to a combination of slowed ETF inflows in early June, typical "bearish June seasonality" noted by analysts, and short-term profit-taking after Bitcoin reached an all-time high of $112,000 in late May. Despite the recent dip, Bitcoin maintains strong institutional interest, with whale wallets and investment advisors increasing their holdings, and the market remains highly liquid with robust trading volumes and capitalization. The asset has demonstrated resilience, holding above $100,000 for a record 27 days, though near-term volatility is expected due to historical seasonal trends and ongoing regulatory discussions.