Currently, is priced at $103,255, down 2.99% in the past day. The primary resistance level lies near $110,000, while strong support is around $100,000.
After failing to sustain above $106,000, Bitcoin retraced due to broader market weakness and renewed risk-off behavior among institutional participants.
On-chain data indicates that while large holders remain steady, short-term traders have increased selling pressure. ETF inflows have slowed, and network activity has dipped slightly, signaling consolidation before a potential next move.
