Yesterday, BTC dropped about 0.8% to $106.9K, taking a 'small breath' after nearing its historical high.
The market feels like 'profit-taking + waiting for a catalyst', but the support remains solid.
I think: a weak dollar, ETF inflows are still ongoing, and regulation is becoming clearer. A small pullback in BTC does not indicate an end; rather, it is an opportunity that hides a potential starting signal.
I recommend keeping an eye on the dollar's performance next week, ETF net inflow data, and policy dynamics, as this structural market relies on these factors to continue.