🚨 *BTC Market Update: Bulls in Control!* 📈
*Key Level Defended:* BTC bounced back strongly after dipping below $109,700, confirming a robust demand zone 🔑.
*Market Insights:*
- *Spot Buying:* Real money flow drove the recovery, not just perp-driven squeeze 💎.
- *Price Action:* Consolidating near $110,500, forming a higher-low base on lower time frames 📈.
- *Open Interest:* Rising steadily with neutral funding rates, indicating healthy market conditions 📊.
*Altcoin Pulse:*
- *ENA:* +6% with strong morning momentum 🔗
- *IMX:* +4% leading mid-cap breakout watch 🔗
- *Gala:* +2% with GameFi narrative gaining traction 🔗
*Trading Strategy:*
- *Bias:* Long above $109,700, with invalidation below this level 📌
- *Setup:* Watch $110,500-$111,000 range for continuation signals 📊
- *Target:* Take partials near $112,500 if momentum confirms 🚀
*Why It Matters:* BTC's reclaim signals bulls defending trend and pulling liquidity higher. Alts are likely to follow if majors hold 🗺️. Ride the wave, but respect the levels 🧭