Bitcoin Tests Consolidation Range
Market Overview
Bitcoin trades at $109,678.75, consolidating between $107K-$110K just 2% below its May 2025 ATH of $111,970. Critical support holds above $108K, reflecting institutional/retail standoff near resistance.
Key Factors Driving Discussion
Growing Catalysts: Macro shifts amplify consolidation phase
Technical Consolidation: Range-bound trading between $105K-$112K
ETF Momentum: Institutional demand persists despite pullbacks
Trading Implications
Net inflows (1,402.54 BTC) and buy volume spikes suggest whale accumulation
Europe leads buy pressure (2,508.67 ratio vs Americas 1,369.61)
MrSatt... positive while Bollinger Bands compress, Hosting siynang potential volatility
Break above $110K-$112K could trigger rally to $115K-$123K
Currency margin ratio long-heavy (38.68) while USDT markets balanced (0.96)Community Sentiment
Bullish (80.4%): ETF inflows ($407.8M recent), BlackRock dominance, negative funding
Bearish (19.6%): $108,771 rejections, SEC delays, -y risks
MrSatt...
Hosting
MORILOR Volume confirmation and macro headlines for directional clues.
Stay updated on Binance Square.