BTC consolidates below 113,000 as daily rally momentum cools



BTC is consolidating in the sub-113,000 USDT zone, currently trading around 112,991.43 USDT. The 24-hour upside momentum has noticeably tightened to 1.51%, signaling a potential consolidation phase after recent moves.

This price action near the 113,000 level represents a critical support zone. The narrowing gains suggest profit-taking activity, with traders reassessing positions ahead of potential next directional moves. Market participants are closely watching whether BTC can maintain support above 112,900 USDT or if further consolidation develops.
BTC-0.2%
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