DeGRAM | BTCUSD fixed above the downtrend line

📊 Technical Analysis
● Bulls pierced the descending purple trend-line and closed two candles above the 106 k pivot, confirming a pennant breakout and resetting higher-lows along the black mid-channel.
● Re-test of 104.8 k demand (green band) held as support; the new up-sloping flag projects to the 111.8 k-112 k red supply at the channel roof, with dynamic backup now rising to 103.8 k.

💡 Fundamental Analysis
● U.S. CPI whispers point to a softer June headline while spot-ETF cohort added another 3 200 BTC in two sessions and exchange reserves keep declining, underscoring supply squeeze amid easing rate fears.

✨ Summary
Long 104.8-106 k; sustained trade >107 k targets 111.8 k → 115 k. Bull thesis void on a 4 h close below 99 k.

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