βοΈBitcoin Major TrendβοΈ
π» Bitcoin is fluctuating between $105,000 and $107,000 and overall selling pressure remains high with negative Spot CVD (-662.76M).
π» Spot deltas on Binance (-777.1K), Bitfinex (-296.2K), and Coinbase (-2.5M) show that sellers have the upper hand.
π» Buyer support at $105,000 is enough to prevent further declines for now, but the market still looks bearish.
π» A break of $107,000 resistance could change the trend in favor of buyers, but a drop below $104,000 could trigger a drop to $102,000 or lower.β‘οΈ 3 replies
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