🟠Since early May, Bitcoin has remained within the $100,000–$110,000 range, showing resilience but lacking signs of renewed strong demand. According to Glassnode, the $93,000–$100,000 zone acts as key support — as long as the price stays above it, the bullish trend remains intact. However, low trading activity and weak investor interest continue to cap growth potential.
🟠Recent price fluctuations have been driven by external news rather than fundamental shifts. A decline in transaction volume and increased profit-taking point to cooling market sentiment. The market stands at a crossroads: upward movement is possible, but it will require fresh momentum.
