Bitcoin Dey Hold $100K–$110K Despite Binance Derivatives Selling Pressure
Bitcoin price don hold between $100,000 and $110,000 for the past 45 days, e no drop sharp even with persistent sell-side pressure for Binance Derivatives. Data show say cumulative volume delta (CVD) dey negative and funding rates dey drop as traders dey build short positions. But strong absorption from institutional buyers and deep liquidity for US exchanges make sure say no major breakdown happen. For daily chart, BTC no fit reclaim e $111,000 all-time high show say double-top fit form, wey fit bring short-term pullback go $103,000–$104,000 fair value gap. Market indicators come still show say altcoins dey weak: Bitcoin Sharpe ratio pass tokens like SOL and XRP while small-cap projects dey lose their momentum. Traders dey watch funding rates and forced liquidation levels for possible catalyst wey fit trigger breakout or deeper correction before next bullish run.
Neutral
Even though say prolonged sell-side pressure and negative CVD dey show say potential pullback fit happen, Bitcoin ability to hold di $100K–$110K range, wey institutional absorption, deep liquidity, and declining funding rates dey support, point to stable market structure. This one mean say short term downside no too much, and possibility for breakout if liquidation trigger short squeeze. For long term, regulatory clarity and institutional flows fit further support Bitcoin resilience, but risk of double-top pattern dey warn traders. Overall, di news go likely keep current market stability without strong directional bias.