BTC structure: BTC’s price continues to consolidate between $107.3K - $110.6K with firm resistance at $111K, while support lies at $107.4K. Daily timeframe confirms current lower highs/lows, pointing to a short-term bearish trend, with risk toward $104K on breakdown.
Whale Flows: Whale flows highlight rotation with one whale selling 2K BTC (~$215 million) and buying 49K ETH, while another shifted $1.1 billion worth of BTC and accumulated $2.5 billion worth of ETH.
Derivatives Stress: RSI fell to 33.6 (oversold), while 25-day skew spiked to 10.2%, signaling defensive hedging. Futures OI softened to $45.0 billion, while spot CVD improved modestly, showing waning sell pressure.
New token debut: WLFI launched near $0.30 (~$30B FDV), with Justin Sun holding ~$891 million and vowing no sales. Disruptive potential for near-term altcoin flows.
Credit rating agencies are building new frameworks for crypto and tokenized assets, but the shift won’t immediately alter traditional credit scores as regulators in the US, Europe, and Asia race to impose clarity on a fast-moving market.
