📊 $BTC Update 16/6: Accumulating at a standstill, which side will explode?
Currently, BTC is fluctuating around the 106,500 mark, after recovering from the nearest support level around 102,600 a few days ago.
🎯 Technical signals:
Volume is quite low ➡ the market seems to be waiting for new news.
MACD, RSI have not given clear signals ➡ sideways accumulation.
Nearest resistance: 108,000 - 109,000
Nearest support: 104,500 - 102,600
🔥 What investors need to pay attention to:
Macroeconomic news (FED, Middle Eastern conflicts, USD interest rate situation)
ETF capital flow is still flowing lightly, but has not created a breakthrough.
Market sentiment is still quite "relaxed" after a strong correction.
🧘♂️ Current mindset:
Patience - Maintain discipline - Good capital management 🫶