$BTC

Phase of accumulation or calm before the storm?

After a sharp rise at the beginning of the year and overcoming historical highs, $BTC entered a phase of consolidation. The range of 66K–72K has become the arena of struggle between bulls and bears.

🔍 Factors to pay attention to:

— ETF inflows in May remained stable, but without record volumes — institutions are watching, but not stepping in.

— On-chain data indicates an increase in the number of HODL addresses: short-term traders are exiting, while long-term players are accumulating.

— BTC dominance remains above 50%, indicating a decline in interest in altcoins and overall market caution.

— Hashrate continues to set new records, confirming miners' confidence in the future of the network.

📅 What's next?

If the level of $66K holds, we can expect a new wave of growth against the backdrop of summer's reduced activity in the stock market.

But if a downward break occurs — the zone of 60K–62K will become key for a retest.

⚠️ Conclusion: The market $BTC is currently maximally neutral — and this is a great opportunity for strategic positioning.