Alif001
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🔍 Price & Technical Structure



Current Range: Bitcoin remains tightly confined between $104,300–105,100, reflecting a consolidation phase after recent volatility .

Support Levels: Immediate support lies around $104,300–103,750. A breakdown below that could see a retest of $101,000–99,500 .

Resistance Levels: The first barrier is the 20/50/100 EMA cluster near $105,960, followed by the broader resistance zone at $108,000–109,000 .

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📉 Momentum & Volatility

RSI & Momentum: RSI resides just above neutral (~54), indicating a balanced tug-of-war between bulls and bears. MACD shows a slight bullish bias—without volume, however, breakout chances are muted .

Volatility Compression: Bollinger Bands and ATR show volatility tightening, suggesting a coming breakout as current price action focuses in a symmetrical triangle .

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🧭 Market Dynamics

ETFs & Flows: Spot ETF inflows show sustained institutional demand. According to recent data, around $388 M in daily ETF flows, totaling over $46 B+ in cumulative inflows—highlighting strong underlying appetite .

Derivatives Warning: Despite steady spot prices, derivatives markets are sending caution signals—funding rates are elevated, hinting at cautious/leverage behavior .
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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Endurevip
· 06-20 21:20
Thanks for the your greeting sharing 💎
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