$BTC

Market Momentum: Bitcoin reached $118,856, marking its all-time high amid unprecedented capital inflows into exchange-traded funds (ETFs).

It is currently trading at $118,148, and institutional demand continues to drive momentum despite overbought market indicators. Key Catalysts: • Record inflows of 9,972 Bitcoin ($1.18 billion) in 24 hours • IBIT dominance with BlackRock adding 3,952 Bitcoin ($465.85 million) • Billions in inflows weekly into exchange-traded funds (ETFs) • Legal framework for the GENIUS Act project boosts market confidence Trading Insights: • The buy/sell ratio shows strong accumulation patterns • The leverage ratio of 44.5 indicates extreme bearish positions • Regional divergence: Asia positive (+1811.89), while America and Europe are negative • Key support zone: $100,000 - $102,000 • Analysts' targets: $126,000 - $134,000 by July Technical Outlook: Although the Relative Strength Index (RSI) readings show 100% accuracy, seasonal patterns indicate average gains of 8% in July. Traders should monitor ETF inflows as the main price catalyst and manage leverage exposure cautiously.