$WBTC is currently showing a bullish market structure with a price of 107415.82 USDT.
It is positioned just below the resistance level of 108062.17 USDT, suggesting a potential breakout strategy.
Traders should monitor for a confirmed move above this resistance for a stronger bullish signal.
Potential risk factors include Bitcoin's volatility and ongoing macroeconomic events that could sway market sentiments.
With an RSI of 59.21, WBTC could see upward momentum, but caution is advised.
