#Altcoin Market Rebound#

Bitcoin is currently trading near $112,347, moving within a tight intraday range of $110,685 – $112,866. The price action shows consolidation and stability, though momentum has clearly slowed compared to previous weeks.

🔹 Key Levels to Watch:

Support: $110,000 – $104,000 remains the critical zone. Holding above this range could allow Bitcoin to build a base for the next rally.

Resistance: $120,000 is the major barrier. A breakout above this level could unlock upside targets toward $125,000+, especially if institutional demand strengthens.

🔹 Downside Risks:
If Bitcoin breaks below $110,000, the market could correct deeper toward the $99,000 – $95,000 area, testing both traders’ and long-term investors’ confidence. Declining futures volumes also signal reduced speculative activity.

🔹 Fundamentals:
Macro conditions remain supportive — expectations of interest rate cuts and continued interest from large investors provide a strong backdrop for Bitcoin as a hedge and store of value.

🔹 Trading Strategies:

Range traders: Buy near $110,000 and take profit near $120,000, with tight stop-losses.

Momentum traders: Wait for a confirmed breakout above $120,000 to target $125,000+.

Defensive stance: A breakdown under $110,000 should trigger risk management and reduced exposure.

⚡ Outlook:
Bitcoin is resilient but indecisive. A breakout above $120K could bring a fast rally, while failure may lead to a healthy pullback, offering fresh entry opportunities at lower levels.