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#BTC is in a neutral-to-bullish phase, consolidating above $115K after a strong rally.
Buyers are defending key intraday supports, but price is struggling to break the $117.5K ceiling. A breakout above this could trigger momentum toward $120K+, while losing $115K could open liquidity toward $113K.
Overall market still looks fine. I know it’s choppy right now, but if you zoom out, we had a good month in July and it’s completely normal to see a pullback after an upside move. In fact, it’s actually healthy for the market.
• The market often liquidates late longs • Some people get frustrated and exit the market • Many traders try to trade this choppy environment and end up taking losses, constantly shifting their bias based on lower timeframes.
My focus is on the August’s monthly open levels. When July started, the market dumped in the first two days, but then we got a strong move upward after that. Right now, Ethereum is above its monthly open, but most altcoins are still trading below theirs. If the market reclaims the monthly opens, I think we’ll see another leg to the upside.
Its not an lower timeframe analysis, it high timeframe lower timeframes will keep getting the pullbacks, will keeping doing the chopp and liquidate traders. Its the bigger picture.
$BTC Bitcoin is in a strong bullish phase across all timeframes, with price action confirming freshly lifted ATH momentum. Holding $113K and breaking above $114,200 paves the way for $116K–$120K targets. Pullbacks should be viewed as structured entries into deeper liquidity areas. #btcbreaksath
Key Levels to Watch: Support at $103k; Resistance at $106.5k.
move above $106,500 could signal a bullish breakout,If the price remains above the $103,000–$104,200 support zone, it may indicate strength and potential for upward movement.
drop below the $103,000 support could lead to further declines,
Macro (Daily/Weekly): BTC remains in a macro uptrend. Price made a new all-time high last week and is now consolidating just below the highs. Higher highs (HH) and higher lows (HL) are intact.
Short-Term (4H/1H TF): short-term is neutral-to-bullish. Price is ranging# between $107,400 (support) and $110,800 (resistance). We need a breakout with conviction to continue upward.
Immediate Resistance: The recent all-time high (ATH) stands at $109,700, achieved on May 21, 2025. A decisive move above this level could open the path toward the psychological milestone of $120,000.
Immediate Support: The $105k level has emerged as a crucial support zone, having been tested multiple times in recent sessions.
#BTCBreaksATH Bitcoin's market dominance peaked at 64.4% on May 8, 2025, indicating a strong preference for BTC over altcoins during this period. However, recent analyses suggest that BTC dominance is encountering resistance, which could herald a shift in investor focus toward altcoins. If $BTC dominance declines, it may pave the way for an "altseason," where alternative cryptocurrencies outperform #Bitcoin . #BinanceHODLerHAEDAL #BinanceAlphaAlert #BTC110KToday?
Structure: Cooling off after strong impulse move, still holding above key support. Dominance (BTC-D): 60.10%, showing early signs of weakening = altcoin strength possible.
Support Zone: $102,500 – $101,800 Last defended on pullback — if it holds, bulls may reload positions.
Major Support : $98,800 – $96,500 Confluence of volume node, previous breakout level,
Short-Term Resistance: $104,800 – $105,200 Price is currently stalling here — could fake out or break with high volume.
Major Resistance Zone: $105,500 – $107,000 Previous supply zone where BTC got rejected — bulls must reclaim with strong volume to continue momentum.
BTC-D Trend: Slipping slowly — signs of altcoin strength building.
If $102.5K holds → BTC can retest highs.
If price breaks below $101.8K → Drop to $98.6K highly likely.
Trend: Bullish continuation above the $100K psychological level
This stability indicates strong market confidence and a potential continuation of the bullish trend.
BTC.D has decreased from over 65% earlier in May to 62%, indicating a shift in market dynamics.
The decline in Bitcoin Dominance suggests that capital is flowing more into altcoins compared to Bitcoin. This shift often precedes a period where altcoins may outperform Bitcoin.
🔍 Market Implications
For Bitcoin: The maintenance above $100K is a strong bullish signal. If BTC continues to hold this level, it could attract more institutional and retail investors, further driving the price upward.
For Altcoins: The decrease in BTC.D indicates that altcoins might gain momentum in the short term. Traders should monitor for signs of capital rotation into altcoins.
Support Levels: $99,700 Crucial breakout level, must hold for continuation.
Resistance Levels:
BTC is maintaining bullish structure with consistent higher highs and higher lows. A close above $103.5K will likely trigger further upside towards $105K and possibly $109K.