Bitcoin Balances on Support

🔲Bitcoin has slipped to $117,000, but buying interest is clearly growing: positive premiums on Coinbase and in South Korea indicate strong investor activity, while nearly $3.9 billion in USDC flowing into exchanges signals a “buy the dip” sentiment. Adding to the picture, Ethereum reserves have dropped to an all-time low, increasing the risk of supply shortages.
🔲Analysts point to the $116,000–117,000 zone as key support, while a breakdown below $114,000 could push prices down to $104,000. On the upside, a return above $121,000 would signal a potential resumption of the rally.