Bitcoin ($BTC

/USDT) is holding steady at $113,263 (+0.20%), showing resilience after testing a 24h high of $116,725 and a low of $112,732. With a massive trading volume of 18,073 BTC against $2.06B USDT, market activity remains strong, reflecting ongoing demand from both retail and institutional participants. The chart suggests that BTC has built solid support around $112,700–$113,000, while near-term resistance stands at $116,200–$116,700. If Bitcoin breaks above this resistance range, momentum could accelerate towards $117,200 and beyond, reinforcing bullish sentiment in the market.

From a trading perspective, Bitcoin is currently in a consolidation-to-breakout phase, giving traders a balanced opportunity for both safe entries and breakout plays. Conservative traders may look for entries near $113,000–$113,400, with stop-losses slightly below $112,700 to control risk. Aggressive traders, on the other hand, should watch for a breakout above $116,700, targeting $117,200–$118,000 in the short term. Overall, BTC’s condition remains stable-to-bullish, with strong liquidity and market confidence suggesting that dips are likely to be quickly bought up—making it an attractive setup for profitable trades in the current market cycle.