<ul data-eligibleForWebStory="false"><li>Bitcoin has remained range-bound between $100,000 and $110,000 since May 7 with occasional dips below $100,000.</li><li>Sustained selling pressure on Binance Derivatives has been observed, but Bitcoin has managed to absorb this pressure and maintain support above $100,000.</li><li>Analysts interpret the persistent selling pressure differently: some see it as a sign of absorption by institutional players, while others highlight challenges in new buyer demand keeping up with supply pressure.</li><li>Speculation about a potential BTC breakout is emerging given its resilience, on-chain data showing a shift in sentiment, growing institutional interest, and projections indicating a possible top around $205,000 by 2025.</li></ul>

Bitcoin Absorbs Strong Selling Pressure On Binance Derivatives – Breakout Ahead?

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