$BTC Driven by ETFs, but beware of key levels

Bitcoin remains above $106,000, supported by over $2.4 billion in spot ETF inflows just in the last week. BlackRock leads with new fundraising records, while sentiment remains positive despite profit-taking.

On the macro front, slowing US inflation and a temporary truce in the Middle East favor the rebound from the lows at $104K.

Technically, eyes are on $108K: a decisive break can open up towards $112K–120K, while a return below $103K would change the scenario.