Bitcoin Fills CME Futures Gap as Buyers Scoop $110,000 Dip; Glassnode Signals Strong Accumulation
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
Market reports indicated that Bitcoin continued to test a key support area as buyers stepped in to buy the dip near $110,000, with order book liquidity and the $112,300 resistance level drawing trader attention. Sources noted that capital flows on both sides of the book remained a focal point for short-term price discovery.
Analyst commentary highlighted that the CME Bitcoin futures gap has been filled and that the Relative Strength Index exhibited a mild bullish divergence, observations which market participants are treating as technical signals rather than guarantees of direction.
On-chain data from Glassnode pointed to strong accumulation among entities holding 1–1,000 BTC, while large holders have tapered distributions, a pattern the firm said is consistent with improving market confidence amid recent volatility.
