• Current Price: $105,600, trading tightly around $105K • Institutional inflows of $380M into BTC ETFs this week • Technicals mixed: oversold short-term, bearish MACD, neutral mid-range • Short squeeze setup brewing — a quick breakout could wipe $15B in shorts • Monitor: If BTC breaks above $106K, next target is $110K+; downside risk is support at $104K