🟠 $BTC : Is crypto summer on the rise or a healthy consolidation? ☀️📉📈

Bitcoin is trading in the range $104,000–$108,000, after a slight correction from the all-time high of ~$111,970 on May 22. The price is trapped in a symmetrical triangle, with supports at $103,400–$104,000 and resistances at $105,600–$108,000.

On-chain indicators reveal divergence in open interest, suggesting a purge of leveraged positions and possible signals of preparation for a new bullish impulse this summer. CryptoQuant analyst “ELI5” estimates that BTC could reach $130–135K by August if it maintains volume and momentum.

🧠 Summary: resting phase with technical base. If BTC breaks above the triangle with volume, we could see strong seasonal impact. Until then, risk management against possible lateral movements.