Bitcoin is stabilizing above $96,000 and showing signs of a potential breakout rally. The price trend has formed a short V-shaped reversal and is challenging a short-term resistance trendline. The Chaikin Money Flow Index and up-and-down volume indicate bullish momentum. Institutional support remains strong, with BlackRock, WisdomTree, and Fidelity adding significant net inflows. The Bitcoin derivatives market is still bullish, but the long-to-short ratio has equalized and the funding rate has dropped, suggesting a potential shift in momentum. While a breakout rally is anticipated, the $94.3K support level should be closely monitored.



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