📉 $BTC USDT Current Market & Technical Overview

1. Key News Context

Bitcoin has slightly pulled back (~–0.1%) to around $104,900—about 7% below its recent peak near $112,000 .

ETF inflows remain robust (≈$216M on June 18, ~$1.8B in six days), hinting at underlying demand .

Key resistance sits around $107,000–$108,000, with previous highs near $112K .

Support is likely forming between $104K and $105K, reinforced by ETF inflow stability .

Candlestick patterns like doji/hammers could signal indecision or reversal, but require confirmation

✅ Summary & Suggestions

Scenario Level Strategy

Breakout above $107K ~$107,300+ Go long with target ~$110–112K, stop-loss ~106K

Breakdown below $105K <$105,000 Consider short or holding off, target ~$103–104K

Watch volume: A breakout without volume may be false.

Be alert: Upcoming macro signals (dollar moves, Fed decisions) may tip momentum .

🔍 Final Take

Today's outlook leans slightly bullish, but it hinges on crossing the $107K resistance with conviction. Below that, caution is wise with possible retracement testing the $104–105K band. Use candlestick signals and volume to guide trades, and always manage risk with clear stops.

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