🟠Bitcoin has surged above $105,000 amid growing expectations of a potential interest rate cut in the U.S. Despite strong labor market data — which typically dampens the likelihood of monetary easing — the cryptocurrency gained 2.5% over the past 24 hours. Investors are anticipating future stimulus measures that traditionally support risk assets.
🟠However, experts caution that risks remain. Liquidity analysis shows a concentration of long positions between $99,000 and $102,000, indicating the potential for a sharp pullback in times of heightened volatility. Meanwhile, the nearest resistance remains around $104,500, where selling pressure is still relatively low.