$BTC 🟠 again above $105K: momentum or trap?

📈 Growth amid expectations of a soft Fed policy

💰 Institutional wallets have become active

📉 But spot volumes are lower than futures — a pullback is possible

🌍 Macroeconomic data and geopolitics continue to influence

Conclusion:

BTC is going up, but without trend confirmation. Watch the volumes, the whales are not asleep.