BTCUSDT is currently exhibiting a robust upward trend, with the price adhering to the ascending trendline and consistently addressing fair value gaps. The pair is nearing significant resistance at approximately 106,000 and may establish a breakout–retest pattern, which could facilitate a movement towards 125,000.
In terms of news, institutional inflows are making a comeback, spot ETFs are still drawing in capital, and the Federal Reserve is maintaining stable interest rates — all of which bolster bullish momentum. Provided that the price remains above 101,200, the potential for an upward scenario continues to be viable.