Bitcoin support $108,500, resistance $116,200; reclaiming $114,000 is the base for a move higher; $115,600 remains the tactical gate for the bullish market.
Mid-tier wallets 100–1,000 BTC continue to accumulate; BlackRock bought over $1 billion of BTC last week; U.S. government holdings now roughly $22.95 billion in BTC and $803.26 million in ETH.
S&P 500 hit 6,600, up roughly 36% since April lows; Fed cut odds remain high (CME ~93.4% for 25 bps).
Bitcoin spot ETFs recorded a weekly net inflow of $2.34 billion, Ethereum spot ETFs $638 million, both ending last week in the green.
Solana treasury buys and a rising altcoin-season index (84) keep high-beta exposure attractive but riskier.
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Stop trying to define “gambling.” A cleaner lens is whether markets permit real information discovery – and whether states treat the underlying activity as a tradable commodity or a tightly controlled wager.