$BTC Bitcoin (BTC) Update

Bitcoin continues to trade with high volatility amid global macroeconomic uncertainty. After the recent FOMC meeting, BTC reacted sharply, testing key resistance near $107,000 before facing correction pressure. Market sentiment remains cautious as investors await clear signals on interest rate cuts. On-chain data shows strong accumulation by long-term holders, while short-term traders are active during price swings. Bitcoin dominance remains strong, reinforcing its position as a market leader. Technical indicators show consolidation, with support near $102,000 and resistance at $110,000. Traders are advised to monitor macro updates and volume shifts for potential breakout or breakdown in the coming days.