🪙 The Fed's pause may drive the price to $106K

Bitcoin receives macro support: The Fed has frozen rates, and the derivatives market on Binance is liquidating positions. All of this creates a foundation for a short squeeze.

🟡 $104K — a zone of stable demand, the price has held above

🟡 Open Interest on Binance is decreasing despite the price increase

🟡 Historically, a Fed pause → BTC growth

🟡 Liquidity above $106K continues to grow

CryptoQuant: "The combination of rate stabilization and declining OI is a bullish signal."

CoinGlass: "The risk of short liquidations above $106K is increasing."

We are watching $106K — if it breaks, we could quickly see $110K+.