$BTC $BTC

The current scenario for the currency pair BTC, primarily BTC/USD, shows a generally stable to slightly bearish trend in the very short term, despite the positive long-term outlook and significant ETF inflows.

Here is a quick summary:

* Price: Bitcoin is currently trading around $105,000 to $106,000 USD, experiencing minor fluctuations (around -0.5% to -1.5% in the last 24 hours). There have been recent drops below $105,000.

* Volatility: Geopolitical tensions (e.g., the conflict in the Middle East) are contributing to market volatility.

* Key Levels: $106,000 is a crucial support level. A drop below $100,000 is a cause for concern, while staying above $106,000 could lead to new all-time highs. The all-time high is just below $112,000.

* Market Sentiment: While short-term sentiment shows a "slight bearish correction" due to immediate factors, the long-term outlook remains bullish, with predictions of $135,000-$230,000 in this cycle.

* ETF Inflows: Bitcoin ETFs are seeing substantial inflows, indicating ongoing institutional interest and reversing recent outflows.

* Dominance: Bitcoin dominance is currently around 65.98%, with some analysts suggesting that a potential "altcoin season" could be on the horizon if Bitcoin dominance breaks down.

* Other Pairs: While BTC/USD is the main pair, other BTC pairs such as BTC/ETH and BTC/USDT also see high trading volume and liquidity.