Bitcoin faces selling pressure near $110,500, yet bulls are defending key moving averages. Analysts suggest a potential upside breakout as Bitcoin’s selling pressure wanes. Investors are slowly decreasing inflows into Bitcoin exchange-traded products (ETPs), hinting at cautious sentiment as it nears all-time highs. The S&P 500 Index showed sustained bullish demand, potentially retesting the 6,147 level and aiming toward 6,500. The US Dollar Index climbed from 96.37, with a critical resistance level at 97.92. BTC is trading between $107,211 and $110,530; a breakout above could lead to $150,000, while a drop below moving averages may drop it to $100,000. Ether remains within a $2,738 to $2,323 range, while XRP shows bullish signs above $2.20. BNB and Solana indicate bullish trends if resistance levels are overcome. Dogecoin and Cardano show potential for upward movement if prices hold above key EMAs. The outlook for Hyperliquid is mixed, dependent on breaking resistance at $41.23.

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