<ul data-eligibleForWebStory="true"><li>Bitcoin's price continues to climb steadily despite falling trading volumes, reaching all-time highs amid low retail investor participation and negative perpetual swap funding rates.</li><li>On-chain data reveals stealth accumulation as exchange and OTC balances decrease, signaling a tightening supply and growing conviction among long-term holders.</li><li>Bitcoin futures open interest is near record levels, indicating a tightly wound market, potentially leading to a sharp, volatility-driven breakout.</li><li>BTC reached a new all-time high of $111,980 followed by a 10.35% drop to $100,382, finding support at $100k and bouncing back to $110k.</li><li>BTC is currently facing resistance around $110,000 and needs to break, close, and sustain above this level to rally further.</li><li>$100,000 and $90,000 are strong support levels for Bitcoin.</li></ul>

Crypto Technical Analysis Report – 12th June 2025

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