Good morning☀️

$BTC continues to move sideways around $108k.

🔹Whale activity is positive (+20)

🔹ETF inflows are ongoing

🔹Funding rates are normal

🔹Long ratios are low

🔹The upward trend continues

🔸Coinbase is selling, CVD is decreasing

Technical data continues to generally maintain its positivity. As long as the $100k support is held, the current outlook will remain positive and the upward trend will continue.

At this moment, the only negative data is that Coinbase continues its spot sales. Coinbase has been selling since April 24. These sales are not felt because ETF and on-chain purchases are strong.

Even after Coinbase started selling, the price has already risen by about 15-20%. Therefore, I do not think this situation poses a significant risk at the moment, friends.

The important thing for now is simply to maintain the $100k support. As long as this support is held, the upward trend will continue.

I wish everyone a beautiful day and plenty of profits.