Bitcoin is trading around $105,000, confidently holding above the support level in the $104K–105K range after dropping below $103K on Friday – a rebound that demonstrates strength amidst volatility. Inflows into ETFs remain healthy, with over $1.3 billion flowing into Bitcoin ETFs throughout the week, supporting positive sentiment among institutional investors.

Geopolitical tensions are rising again as the conflict between Israel and Iran escalates – markets reacted with a decline, but BTC quickly recovered. Meanwhile, mixed macroeconomic signals from the U.S. and positive progress in trade between the U.S. and China have added support to risk assets, including cryptocurrency.

I am watching these key factors today:

• Will support hold at the $104K–105K level?

• Can inflows into ETFs continue?

• Could new geopolitical headlines trigger another drop – or provoke a stronger rebound?

Suggested trades: Consider opening a long position around $104–105K if support holds, or explore the possibility of a short position on any clear breakout. Quick recoveries during dips.