Bitcoin (BTC) is trading steadily above $105,500, showcasing resilience as a store of value despite recent geopolitical events.
HODLers are holding firm as Bitcoin nears its all-time high, reflecting discipline rather than euphoria in the market.
Institutional demand remains steady, with $2.2 billion in net inflows into spot Bitcoin ETFs last week, reshaping the market structure.
A fragile equilibrium exists in the market with increasing leverage from short-term traders and unwavering conviction of long-term holders, potentially leading to an uncertain future movement for Bitcoin.