#CandyDrop Airdrop Event 6.0

#White House Crypto Report

Here are the conditions of Bitcoin (BTC) this morning based on the latest market data:

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📊 Brief Summary

The current price is around US $114,200–114,400, up about 0.7% in the last 24 hours.

Bitcoin's market dominance ranges from 60% to 64%, with daily trading volume between US $48 billion and US $56 billion.

Weekly, the price of BTC has dropped nearly 4%, but on a monthly basis, it is still up about 3.3%, and it has increased approximately 88% over the past year.

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🔍 Technical Analysis & Market Sentiment

1. Support & Resistance Zone

BTC has just fallen below the key support zone of US $115,000–116,000, marking the end of a 16-day consolidation.

The nearest support level is around US $112,000–111,000, coinciding with the 50-SMA moving average. If it drops further, the next psychological support is in the range of US $100,000–99,280 (200-SMA).

2. Pattern & Momentum

The emergence of a rebound pattern on the 50-day EMA is considered a short-term strengthening signal, with analysts mentioning a potential target of up to US $148,000 if a bullish breakout occurs.

However, geopolitical pressures—particularly the tensions between Russia and the US—have triggered a sell-off, causing a price correction from the peak near US $123,200 (All‑Time High) in mid-July 2025.

3. Scarcity & On-Chain Factors

The availability of Bitcoin remains limited as the maximum supply is only 21 million BTC; currently, around 19.6–19.9 million BTC are in circulation, creating a long-term value push.

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🧭 View & Anticipation

The current conditions reflect a short-term correction amid global risk-off sentiment.

Support in the range of US $112,000–111,000 is a key area that must be maintained for the long-term bullish trend to remain valid.

If a rebound occurs from the EMA-50, the next target could head towards US $130,000–136,000: some analysts project a potential breakout towards the end of the year.

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✅ Conclusion

Daily trend: short-term technical bearish after breakdown from the resistance zone.

Medium-term trend: still bullish as long as the price stays above the main support (50-SMA and 200-SMA).

Key factors to monitor: global geopolitical developments, whale fund flows (large mining & institutional accumulation), and US interest rate pressures that could influence risk sentiment.

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📝 Brief Recommendation

Objective Monitored Area

Buy with low risk US $112,000–111,000
Target bullish potential US $130,000–148,000, if strong breakout
Area of concern if breakdown Below US $111,000, towards US $100,000–99,280

➡️ Make sure to actively monitor the daily candle movements and update global macro news.

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🔔 Source & Latest News

Bearish signal after Bitcoin broke down from critical consolidation support.

Potential bullish technical analysis, including a price target of US $148,000 from the 50-day EMA rebound.

Global macro pressures such as the geopolitical conflict between Russia and the US have triggered market volatility.