21Shares has submitted a new INJ ETF application

- Bitcoin fills CME $109,680–$111,310 gap, reigniting fears of a potential $100K collapse amid fragile market sentiment. - Institutional ETF outflows and negative Binance funding rates highlight waning confidence, while on-chain data suggests quiet accumulation. - Macroeconomic risks like U.S.-China tensions and a potential Fed rate cut create conflicting signals for BTC's near-term direction. - Technical indicators show divergence: expanding Bollinger Bands suggest bullish potential, but key support level

- Bitcoin dips below $110,000 to $105,600, with analysts warning of potential $130,000 rally or sharp correction toward $100,000. - CME gap-filling at $109,680-$111,310 mirrors 2024 bullish patterns, but negative Binance funding rates and weak RSI signal fragility. - Macroeconomic risks like U.S.-China tensions contrast with Fed rate-cut expectations, while gold's 28% surge highlights shifting safe-haven dynamics. - Market sentiment splits between 39 fear index and 10-year lows, with 2.3M BTC in exchanges