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$BTC Review
BTC encountered resistance at $106500 twice, this position is close to the upper edge of the consolidation range, facing short-term pullback pressure.
- ETF net inflow of 3500 BTC yesterday
- http://Pump.fun plans to raise $1 billion at a $4 billion valuation
The market is consolidating and bottoming out, which is in line with expectations. Considering the impact of the Pump fundraising plan on the market, as well as the current position being close to the upper edge of the consolidation range, short-term pullback risks need to be noted.
BTC encountered resistance at $106500 twice, this position is close to the upper edge of the consolidation range, facing short-term pullback pressure.
- ETF net inflow of 3500 BTC yesterday
- http://Pump.fun plans to raise $1 billion at a $4 billion valuation
The market is consolidating and bottoming out, which is in line with expectations. Considering the impact of the Pump fundraising plan on the market, as well as the current position being close to the upper edge of the consolidation range, short-term pullback risks need to be noted.
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