#BTCBreaksATH

I still don't have a clear idea of when is a good time to buy

Binance has surpassed its previous all-time high (ATH), reaching 112,000 USD, driven by a strong influx of institutional capital and overall optimism in the crypto market. The breakout was accompanied by a massive liquidation of short positions, with over 340 million dollars in 'shorts' liquidated in a few hours, generating a bullish short squeeze.

At Binance, funding rates remain slightly positive (~0.0067%), indicating buying pressure without overheating. Open interest in futures has increased, but it remains below extreme levels, suggesting that the current rally is more supported by spot purchases and flows into ETFs.

In summary, BTC consolidates its upward trend, with key support at 107,000 USD, although there could be technical corrections due to profit-taking.