Bitcoin / TetherUS
Long

Bullish sentiment is favorable.

212
Bitcoin is currently in a crucial stage of the battle between bulls and bears. There is both short-term pullback pressure and technical support. The movements of institutional funds and policies remain the dominant factors.
The single-day net inflow of BlackRock's IBIT Bitcoin ETF reached a record of $1 billion. The continuous inflow of institutional funds provides support for the price.
The resistance levels have recently concentrated in the range of $97,800 - $98,000. Once broken through, it may challenge the $100,000 mark.
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