#TradersLeague Today’s market spotlight is on Bitcoin ($BTC ) as it confidently holds above $106,000 amid global uncertainty.
🔹 Price & Range: BTC remains strong near $106.5K, bouncing off a low of around $104.6K earlier.
🔹 Volume & Sentiment: Trading volume remains steady, supported by steady institutional inflows and reduced exchange inflow—signs of long-term accumulation.
🔹 Technical Outlook: Watching the $107K–108K resistance zone closely—breaking through could open the door toward $110K+.
🔹 Market Context: Today’s gains came as geopolitical concerns eased and risk appetite returned, helping crypto outperforming traditional equities. Meanwhile, altcoins like Solana saw notable spikes—Sol jumped as much as 7%.
Traders in the league, keep your strategy sharp. Is BTC ready for a breakout, or will it consolidate? 🔄