$Bitcoin reached a new all-time high of $108,300 but faced h | Goggs on Binance Square

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$Bitcoin reached a new all-time high of $108,300 but faced heavy selling from that point. The price is currently holding in the local support area.
Local Support Area: $102,600-$103,400
$BTC 

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Bitcoin is currently trading within a tight range, and we might see increased volatility once the US market opens. A reclaim above $95,000 would be a positive signal for the market. #BTCMove $BTC

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Glassnode data reveals a shift in Bitcoin ownership trends: 49.6% of BTC is now held by new investors (coins aged <3 months). This indicates mature investors have strategically allocated holdings, while fresh demand absorbs selling pressure, offering stability amid volatility. $BTC

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$RENDER analysis: Price is slowly approaching the resistance area; let's see how it reacts. This is not a trade zone, so it's better to wait for a good opportunity. Support Area: $6.60-$7.00 Resistance Area: $9.90-$10.55 #BinanceMegadropSolv

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$STX analysis: Price is finding support at the uptrend line. We may see a test of the resistance area, and let's see if it breaks above it or not. It’s better to wait for some time before making new entries. Resistance Area: $1.80-$1.95

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$FUN analysis: Price is now in the no trade zone and better to wait for better opportunity. We are expecting a test of the support area before the next move. Support Area: $0.00390-$0.0042 Resistance Area: $0.00597-$0.0063 #Crypto2025Trends

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