CoinEx Daily: Bitcoin Faces Key Resistance as Institutional Flows and Macro Risks Shape Direction

Daily View

Bitcoin markets remain at a pivotal juncture as traders identify $110,000 as the main resistance, with market participants anticipating a decisive move this week. Institutional flows into spot Bitcoin ETFs, notably from BlackRock, have surged, narrowing the gap with Satoshi Nakamoto's holdings and signaling robust appetite despite subdued miner activity. Broader macro concerns linger, including upcoming US trade announcements and persistent questions about regulatory oversight and global stability.