Bitcoin's $75K Battle: Institutional Floor or Local Peak?

$BTC Current Price: Holding steady around $74,600 as the market tests the $75,000 psychological barrier.

The "Coil" Setup: Volatility has compressed into a tight 0.55% daily range. Historically, this level of compression leads to a massive directional breakout.

Key Support: Watch $74,150 (Daily Pivot) and $73,100. Buyers have consistently defended these levels this week.

Major Resistance: The wall is at $75,700. A clean break above this opens the door to $76,900 and beyond.

BTC Dominance: Still hovering near 57-58%. Institutional capital via ETFs is currently "sticky," keeping the focus on Bitcoin while altcoins wait for a rotation signal.

Indicators: MFI-14 is at 79.0, nearing the overbought zone. This indicates strong capital inflow, but watch for a slight cooldown before the next leg up.