$BTC Bitcoin is holding at $104,300 in a clear range that has been widely tested. Digital calm often precedes a major turn.
🔍 Key Indicators:
Current Price: $104,315 (down ~0.75%)
Actual Support: $100,000 – $100,500 (tested twice)
Major Resistance: $107,000 (break above negates bearish outlook)
RSI Index: neutral (~43) with signs of momentum weakness
Hash Ribbons Index: lights up again with the third buy signal in 2025 📈
📉 Price and Market Behavior:
Whales are moving to cold wallets and giving hidden distribution signals, while the middle class (100–1000 BTC) distributes volume and continues to accumulate.
Negative net flows from platforms: outflow of about 12,300 BTC from the platform on June 5, reflecting systematic accumulation.
🎯 Strategy for Today:
For speculators: watch for any change at the $107K level and monitor market reaction… this may indicate a potential "sell high or buy on the dip" opportunity.
For investors: smart accumulation starts with clear outflows from platforms, focusing on the $100–105K level as an attractive zone.