🟡Bitcoin is consolidating between $110,600–$111,000, maintaining support within its ascending channel. Traders are closely watching the unfilled CME gap at $110,680, where price has stabilized. A breakout above this zone could target $113K, with further upside toward $117,300–$120,000, while a downside break would put pressure on $107,300 and $104,400.
🟡Exchange outflows remain moderate, and the Fear & Greed Index at 49 reflects neutral sentiment. Analysts note that holding current support keeps BTC’s bullish scenario alive — but without stronger capital inflows, the market remains vulnerable to another wave of selling.