📉 What’s Going On? $BTC

Bitcoin (BTC) has slipped below $105,300, marking a decline of approximately 1.4% from its intraday highs. This downturn matches several interlinked developments, particularly connected to Binance.

📝 Summary

This dip in Bitcoin reflects a convergence of global risk-off sentiment, technical profit-taking, leveraged liquidations, and Binance-related liquidity dynamics. While the tone is bearish in the short term, strong support in the $103K–$105K area, continuing ETF inflows, and macro liquidity improvements set up the potential for a rebound. $BTC