๐ Technical Analysis:
โ BTC again defended the 104 k-104.3 k flip-zone and long-term purple trend-line, printing a fourth higher-low inside the 7-month rising channel.
โ Price is coiling in a tight bullish pennant beneath Aprilโs high; a breakout aligns with the channel ceiling and projects toward the 112.5 k supply band.
๐ก Fundamental Analysis:
โ CME BTC-futures open-interest hit a record this week, while Glassnode shows exchange reserves at a 6-year lowโevidence of both leveraged and spot accumulation supporting upside continuation.
โจ Summary:
Higher-low + record OI favour longs: accumulate 104-105 k, objectives 108 k โ 112.5 k, risk controlled on a close below 100.6 k.
Trade at your own Risk ๐
Best Regards, Trade Cryptocurrency
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