Technical Overview – Summary Points
➤ BTC trades in the 1st quartile of its yearly range (100k – 111k).
➤ Stacked resistance zone: 108,239 to 110,603 USDT → potential seller exhaustion.
➤ Key support at 106,480; defensive cluster 102,626–99,581.
➤ Risk On / Risk Off Indicator = Strong Buy; ISPD Divergence = Neutral.
➤ Normal volume, but lack of fresh capital → sustainability of rally questionable.
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Strategic Summary
➤ HTF trend bullish above 106,480; breakout > 108,239 targets 109,950 / 110,600.
➤ Buy swing pullbacks on 106,480 or 104,600. Invalidation < 102,626 = drop to 99k.
➤ Tactical short scalps around 108,250–109,000.
➤ Core PCE = major catalyst (June 27).
➤ Watch spot volumes, funding, and Risk On / Risk Off signals.
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Multi-Timeframe Analysis
➤ 1D: bullish bias > 106,480; danger < 102,626.
➤ 12H: bullish consolidation; confirmed breakout > 108,239.
➤ 6H: compression; buy dips 106,480 / 104,600.
➤ 4H: lateral-bullish; key support = 104,600.
➤ 2H: neutral-bullish; triggers = 107,800 / 106,000.
➤ 1H: bull flag; micro-divergence, prefer long > 106,950.
➤ 30 min: tight triangle; breakout at 107,200 / 106,650 = signal.
➤ 15 min: bearish < 106,950, expected bounce on 106,480.
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Macro, News & On-Chain Analysis
➤ Macro backdrop: “Higher for longer” stance continues, no FOMC imminent.
➤ Core PCE June 27: upside surprise (2.7% YoY vs 2.6% expected) – USD supported, potential headwind for risk assets.
➤ Pacific Region: ongoing tensions in Taiwan Strait and South China Sea:
- Increased military activity: air incursions, naval maneuvers.
- High risk of escalation flagged by defense analysts & social feeds.
- Risk sentiment: volatile – sudden events could trigger risk-off.
➤ On-chain: Range 100–110k; weak spot volume; cautious leverage; no major sell-side imbalance.
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Conclusion
➤ BTC maintains a controlled bullish bias > 106,480.
➤ Swing buy zones = 106,480 & 104,600; targets 109,950 / 110,600.
➤ Main risk: break < 102,626 = sell-off toward 99k.
➤ Monitor Core PCE and geopolitical risk in the Pacific region.
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➤ BTC trades in the 1st quartile of its yearly range (100k – 111k).
➤ Stacked resistance zone: 108,239 to 110,603 USDT → potential seller exhaustion.
➤ Key support at 106,480; defensive cluster 102,626–99,581.
➤ Risk On / Risk Off Indicator = Strong Buy; ISPD Divergence = Neutral.
➤ Normal volume, but lack of fresh capital → sustainability of rally questionable.
__________________________________________________________________________________
Strategic Summary
➤ HTF trend bullish above 106,480; breakout > 108,239 targets 109,950 / 110,600.
➤ Buy swing pullbacks on 106,480 or 104,600. Invalidation < 102,626 = drop to 99k.
➤ Tactical short scalps around 108,250–109,000.
➤ Core PCE = major catalyst (June 27).
➤ Watch spot volumes, funding, and Risk On / Risk Off signals.
__________________________________________________________________________________
Multi-Timeframe Analysis
➤ 1D: bullish bias > 106,480; danger < 102,626.
➤ 12H: bullish consolidation; confirmed breakout > 108,239.
➤ 6H: compression; buy dips 106,480 / 104,600.
➤ 4H: lateral-bullish; key support = 104,600.
➤ 2H: neutral-bullish; triggers = 107,800 / 106,000.
➤ 1H: bull flag; micro-divergence, prefer long > 106,950.
➤ 30 min: tight triangle; breakout at 107,200 / 106,650 = signal.
➤ 15 min: bearish < 106,950, expected bounce on 106,480.
__________________________________________________________________________________
Macro, News & On-Chain Analysis
➤ Macro backdrop: “Higher for longer” stance continues, no FOMC imminent.
➤ Core PCE June 27: upside surprise (2.7% YoY vs 2.6% expected) – USD supported, potential headwind for risk assets.
➤ Pacific Region: ongoing tensions in Taiwan Strait and South China Sea:
- Increased military activity: air incursions, naval maneuvers.
- High risk of escalation flagged by defense analysts & social feeds.
- Risk sentiment: volatile – sudden events could trigger risk-off.
➤ On-chain: Range 100–110k; weak spot volume; cautious leverage; no major sell-side imbalance.
__________________________________________________________________________________
Conclusion
➤ BTC maintains a controlled bullish bias > 106,480.
➤ Swing buy zones = 106,480 & 104,600; targets 109,950 / 110,600.
➤ Main risk: break < 102,626 = sell-off toward 99k.
➤ Monitor Core PCE and geopolitical risk in the Pacific region.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.