BTC: Strong bullish trend, key resistance 111–112k in focus

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Technical Overview – Summary Points
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• Strong bullish momentum across all timeframes (1D to 15min).
  
• Major supports: 100335, 104940, 106743 – multi-timeframe confluence, natural risk management levels.
  
• Key resistances: 109952 – 111949 (historical pivot zones).
  
• Risk On / Risk Off Indicator clearly favoring "Risk On" (strong buy). Tech sector in leadership mode, favorable context.
  
• Volumes normal to moderately elevated, no major behavioral anomalies (ISPD DIV neutral).
  
• No significant divergence between technical and behavioral indicators detected.
  

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Strategic Summary
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• Overall bias: firmly bullish, but tactical caution just below 111,000–112,000.
  
• Opportunities: prioritize buys/reloads on pullbacks to 104,900–100,300.
  
• Risk zones: clean break below 103.7k ⇒ risk of acceleration to 95.6k; invalidation if daily close <103,700$ or >2 sessions <97,100$.
  
• Macro catalysts: Fed decision (06/18), US CPI (06/12), Trump speech (06/10); anticipate higher volatility.
  
• Action plan: engage tactically below resistance; recommended swing stop-loss at $97,000; active management after each catalyst event.
  

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Multi-Timeframe Analysis
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1. 1D: Massive support 100k-103k, critical resistance 111–112k. Robust momentum and context, no behavioral overheating.
   
2. 12H: Steady staircase progression, intermediate supports respected (104940–106743), healthy volumes, ongoing up-trend.
   
3. 6H: Bullish background, no excessive flow or defensive behavioral signals.
   
4. 4H: Resistance zone test (111949–109952), structure remains solidly up, no reversal detected.
   
5. 2H: Slightly rising volumes on resistance test, no behavioral excess. Positive momentum.
   
6. 1H: Active resistance test, moderate volumes. Bullish structure intact.
   
7. 30min: Micro-consolidation below resistance, no excessive volume/behavior. Trend up.
   
8. 15min: Volume spike on last upward move, rapid normalization. Reload possible if breakout above 110k is confirmed.
   
9. Multi-timeframe summary: Bullish confluence, no strong reversal signal as long as support at 103.7k holds.
   
10. Risk On / Risk Off Indicator: Strong buy, tech sector leading, no structural risk detected in capital rotation.
    

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Synthesis & Decision-Making
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• Dominant structure: BTC market structurally bullish, supported by multi-timeframe converging supports and solid tech sector.
  
• No behavioral anomaly (ISPD DIV neutral); volumes under control; only vigilance below 111–112k due to matured seller pressure.
  
• Macro context: Fed’s rates unchanged expected, major catalysts nearing with potential for significant volatility.
  
• On-chain analysis: active distribution from long-term holders, critical area 103.7k–97.1k, demand must absorb “long-duration” supply.
  
• Trading recommendation: favor buys/reloads on pullback (104,900–100,300); tactical caution under 111–112k; swing stop-loss at $97,000 advised.
  

BTC structurally bullish, but approaches a critical phase: robust multi-timeframe supports, positive macro momentum, no excessive behavioral exuberance. Heightened vigilance required below 111–112k due to pressure from long-term holders; dynamic risk management needed around major macro events.

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