$BTC 🚀 BOOOOOOOMMMMMM 🚀
📊 Market Overview
Current Price: $106,760
24h Volume: $1.17B
Trend: Neutral-to-bullish consolidation
Structure: Coiling inside a symmetrical triangle pattern just below key resistance
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📈 Technical Analysis
Support Zones:
$104,800 (recent bounce zone)
$102,500 (trendline + 50 EMA zone)
Resistance Levels:
Immediate: $108,200
Breakout Target: $112,000
All-Time High Zone: $115,000–$120,000
Indicators:
RSI (4H): 56 – Neutral, room for upside
MACD: Bullish crossover forming
Bollinger Bands: Tightening – suggests impending volatility spike
200 EMA (Daily): Sloping up, supports long-term uptrend
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🎯 Short-Term Trading Strategy
Type Entry Price Take-Profit Targets Stop-Loss
Buy the Dip $104,800 – $105,500 $108,000 → $110,500 Below $103,800
Breakout Buy On candle close > $108K $110,500 → $112,000+ $106,000 (trailing)
> 🔍 Wait for confirmation above $108,000 with rising volume to validate breakout.
🧭 Market Sentiment
Sentiment Index (Fear-Greed): 68 – Greed
Community Bias: Cautiously bullish
Institutional Activity: ETF inflows continue strong (~$4.5B in June)
Funding Rates: Neutral/slightly positive (balanced leverage)
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⚠️ Risk Assessment
Short-Term Risk: Moderate
Main Risk Factors:
Potential false breakout if volume is low
Market-wide sentiment fragile due to macroeconomic uncertainty
Invalidation: Break below $103,000 would signal trend reversal risk
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✅ Disclaimer
This is not financial advice. Cryptocurrency trading carries risk. Perform your own research (DYOR), use stop-losses, and never invest more than you can afford to lose.