#SwingTradingStrategy

The market shows a somewhat quiet movement, with Bitcoin currently trading at around $106,278, up slightly since yesterday. However, its volatility remains high, as it rose to $106,278 and dropped during the session to $104,005.

From a technical perspective, Bitcoin is within a sideways range between approximately $103,400 and $105,600, with possibilities of moving towards $108,000–$110,000 if resistance is broken, or dropping to levels of $102,000–$100,600 if support is broken. Market indicators appear cautious, as trading options data shows investors favoring hedging positions.

On the institutional level, interest in Bitcoin is increasing, with a decline in ETF trading and an increase in accumulation by "whales," according to CryptoQuant and Glassnode; however, warnings continue about the possibility of the price dropping to $92,000 or even $81,000 if liquidity decreases.

On the other hand, Bitcoin temporarily surpassed the $110,000 barrier after calm inflation data in the United States for May, indicating hope for a return of subsequent financial stimuli.

In summary: The market is technically consolidating and faces strong prospects for an upward breakout towards mid-year, but global risks and low liquidity pose potential pressure factors. Monitor technical and institutional movements to predict its next direction.