📊 Current Market Situation
BTC Price: ~$107,300, with a recent high of around $112,000.
Market Capitalization: ~$2.17 trillion.
Trading Volume: Up 35% in the last 24 hours, exceeding $28 billion.
Fear and Greed Index: 74 (Greed), indicating a strong bullish sentiment.
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📈 Technical Analysis
Support: $100,000 and $90,000.
Resistance: $110,000 and $115,000.
Indicators:
BTC has surpassed the 50-day moving average at $63,800, confirming an upward trend.
Relative Strength Index (RSI) at 62, indicating potential for further growth before reaching overbought territory.