According to 10x Research analysis, Bitcoin has experienced 98 consecutive days of outflows and is currently testing the upper limit of its consolidation range. Despite strong ETF inflows, continued declines in exchange balances, and political pressure on the Federal Reserve, the Bitcoin price has remained relatively stable. With the traditional bull market season approaching in July and upcoming labor market data, the market may be poised for a major breakout. The report notes that the key factors supporting Bitcoin's rebound since late April not only persist but have also gained further support. Bitcoin is currently attempting to break through the key $110,000 level, and low volatility offers investors a rare opportunity to position themselves. [ChainCatcher]

10x Research: As the traditional bull market season of July arrives, BTC is attempting to break through the key $110,000 point.