BTC steadies with low chance of big price swings
However, Bitcoin spot ETFs have experienced net outflows for three consecutive days.
Whales hold as BTC edges yet again to an all-time high
Significant liquidation pressure on short positions, concentrated near $110,800, where there is strong liquidation intensity.
BTC briefly breaks $110K as crypto markets rally
The CLARITY Act amendment, which sought to prohibit Donald Trump from profiting from crypto assets, was rejected.
BTC tests key support at $109K and $106K
The focus will be on support at $109,000 and $106,000. The current market bull/bear sentiment score is 80 (Bullish).
Liquidation wall looms for BTC longs at $104K
Strong liquidation pressure on long positions, with concentration near $104,000 and significant liquidation pressure around this level.
Traders are cautious amid Trump and Musk news
Moving forward, focus on macroeconomic data and whether BTC can return above $105,000. If it can, a cautious bullish outlook remains.
What is the funding rate and how does it affect your trading costs?
The funding rate is a recurring cost, or income, that traders either pay or receive, depending on market conditions.
BTC market share rises as investors avoid risky assets
The slight increase in market share indicates that the market is temporarily avoiding high-risk assets and returning to BTC for risk aversion, placing it in a defensive structure.
BTC holds steady as sentiment outruns price
Key news to monitor is the US Federal Reserve's meeting results in mid-June.
BTC steadies with low chance of big price swings
However, Bitcoin spot ETFs have experienced net outflows for three consecutive days.
ETH ecosystem tokens are seeing a recovery
BTC price dropped below $107,000, reaching a low of $106,800, and then rebounded to a high of $108,133. It is currently fluctuating below $108,000.
ENA and SPX holders may hint at short-term strength
This movement could be similar to the previous range around 103,000, where one scenario could be consolidation and oscillation near 109,000, leading to the majority of positions being concentrated between 108,000 and 109,000.
Hyperliquid data show bearish market consolidation
Most major accounts continue to hold existing positions, but the return on equity (ROE) is worsening, indicating the market has not yet bottomed out.
Hyperliquid data suggests potential for ENA, WLD
BTC is currently fluctuating below $112,000, with a slight drop in market share to 63.61%. Market sentiment is high, with ETH breaking above $2,700. The next key point to watch is ETH's price movement.
Watch major assets track BTC’s all-time high
Market share is still fluctuating around 64%, with market sentiment leaning bullish, but caution is needed for potential short-term correction risks.
BTC continues to attract strong buy-side demand
With ETF inflows of $667 million in a single day, BTC has re-entered the range of 106,000-109,000.