$BTC

$BTC /USDT Market Update

Binance Spot Market

Current Price: $61,250 (+2.4%)

24 Hour Range: $60,120 - $61,800

24 Hour Volume: $18.7 billion

Key Levels

Support: $60,000 (strong psychological level)

Resistance: $62,300 (weekly high)

Market Analysis

$BTC Dominance: 54.3% (3-month high)

RSI: 58 (neutral with slight bullish bias)

Funding Rate: 0.005% (neutral)

Key Market Drivers

- U.S. CPI data release scheduled for June 12

- ETF net inflows: $145 million this week

Short-Term Outlook: Price currently consolidating near $61,000 level. A breakout above $62,300 resistance could push price toward $65,000 target.

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