📊 #bitcoin 4H Market Update
Price: $110,714 (-1.35%)
Dominance: 58.66%
🕵️ Market Analysis
Trend: $BTC is currently in a sideways-to-slightly-bullish range between $107,200 (support) and $112,500 (resistance).
Volume: Volume is moderate, no strong breakout yet. We need a clear push above $112.5K for strong upside momentum.
Open Interest: Slightly dropping – this shows weak conviction from both bulls & bears.
Funding Rate: Neutral to slightly positive → market is balanced, no major long or short squeeze risk right now.
Liquidations: More shorts got liquidated recently → this supports short-term upside.
Orderbook: Buyers are showing some strength below $110.5K, but sell wall is heavy near $112K+.
🔎 Key Levels
Support: $109,000 – $107,200
Resistance: $112,500 – $114,000
🎯 My Bias
📈 Slightly Bullish – until $107,200 breaks.
Market is trying to recover from recent dump. As long as price stays above $109K, we can expect slow grind up.
