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The CLARITY Act amendment, which sought to prohibit Donald Trump from profiting from crypto assets, was rejected.

Strong liquidation pressure on long positions, with concentration near $104,000 and significant liquidation pressure around this level.

Moving forward, focus on macroeconomic data and whether BTC can return above $105,000. If it can, a cautious bullish outlook remains.

The funding rate is a recurring cost, or income, that traders either pay or receive, depending on market conditions.

The slight increase in market share indicates that the market is temporarily avoiding high-risk assets and returning to BTC for risk aversion, placing it in a defensive structure.

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Key news to monitor is the US Federal Reserve's meeting results in mid-June.

However, Bitcoin spot ETFs have experienced net outflows for three consecutive days.

BTC price dropped below $107,000, reaching a low of $106,800, and then rebounded to a high of $108,133. It is currently fluctuating below $108,000.

WOO Ignition is where high-potential projects, handpicked by the WOO Research team, make their debut. It's your early access pass to earn airdrops from future giants of the crypto space. This time, we’re spotlighting Huma Finance (HUMA), and you’ll need to stack WOO to earn your share of the reward! 📘 Why Huma Finance? A Note from WOO Research * Dual-yield model supports both stable USDC returns and platform-native token rewards, giving users flexibility based on risk appetite. * Tradition