Good morning☀️
#Bitcoinhad a good start to the new week.
Spot CVD is on the rise again. The recent rise is supported by spot purchases and especially Coinbase's purchase is extremely positive.
On the other hand, whale activity increased to +18 again with this rise. This value is very good for whale activity.
Funding rates and long levels are also generally low and do not pose a risk.
After the 100k level was lost, it was tried 3 times, but the price could not rise above this area. This resistance also points to the fibo 0.5-0.618 range.
In the current situation, the data is of course extremely positive, but it will be much better if the 100k resistance is overcome.
The market has been volumeless and horizontal for the last two weeks due to the holidays. That's why I haven't shared much, friends.
I think the market will regain volume and volatility will increase from today. Therefore, I will share frequently about both Bitcoin and altcoins, friends.
I wish everyone a good week and lots of earnings.