Today's Market Update **Funds Flow (Image 1)** Yesterday, another $400 million flowed out of ETFs. A record $2 billion outflow in a week. But 58k held strong yesterday, thanks to Binance stepping in with funds. Over the past few days, it's been the same pattern: as soon as the U.S. wakes up, both Coinbase and Binance spot markets start dumping... Yesterday, after another dump above 58k, even though Coinbase kept selling off (ETF outflows), Binance spot suddenly switched gears and started aggressively buying... This offset Coinbase's sell pressure, and eventually, we saw a recovery move. -------------- **Order Book (Image 2)** From Image 2, after 58k held yesterday, new orders have now filled the gaps above and below the current price. So, if nothing major happens over the weekend and liquidity remains low, we’ll likely see some range-bound action between 59k and 61k. The larger range remains the same as yesterday: - Upper range: 62~62.5k, which is the previous POC (Point of Control) combined with stacked orders and liquidity. - Lower range: 58k, which should hold over the weekend without ETF sell pressure. --------------- **Color Band Model (Image 3)** Since 58k held yesterday, the threshold for the blue color band below is still in play (mainly due to a large number of new spot and futures orders). So for now, it looks like we’re still on track for a recovery move similar to before. The key is whether we can break above 62.5k. Let’s keep an eye on it over the weekend. #Crypto #BTC $BTC #MarketUpdate