BTC Recovers as Market Breathes Again
BTC continues to trade within a broad ascending channel, showing clear signs of recovery from the strong demand zone between 106,000 and 108,000 — an area where buyers have repeatedly stepped in to defend the price.
Currently, BTC is attempting to hold above 110,000. If this level is maintained, the next targets are 113,000–114,000 (EMA and structural resistance), followed by 126,000–127,000 as the next potential upside zone.
It’s worth noting that if BTC drops below 108,000, the short-term outlook could weaken, potentially leading the price to retest the 106,000–102,000 area.
ETF Flows (as of October 24, 2025):
- Bitcoin ETF: +$91 million inflow
- Ethereum ETF: –$94 million outflow
Meanwhile, 117,000 traders were liquidated overnight, with a total of $197 million in positions wiped out.
The Altseason Index stands at 23/100 today, indicating that Bitcoin continues to dominate the market while altcoins remain relatively subdued
