Bitcoin Bullish Momentum, Swing Setups on Support Pre-ECB

• Strong bullish momentum confirmed on all timeframes >1H; structure Up.
  
• Major supports: 105100, 111980, 115736; main resistance: 122318 (ATH).
  
• Volumes normal at all timeframes except 30min (very high at lows, institutional absorption).
  
• No behavioral anomaly signals (ISPD DIV neutral, Risk On / Risk Off Indicator = "STRONG BUY" everywhere except 15m/30m).
  
• Multi-timeframe alignment, only 15m/30m in minor divergence (Down, no structural impact).
  

• Bullish swing/mid-term bias confirmed: Optimal opportunities on pullbacks 117900–116467.
  
• Risk/stop zone: below 115736 USDT (key multi-frame pivot).
  
• Catalysts: ECB (24/07, volatility expected); strict monitoring post-announcement.
  
• Plan: swing entries on pullback, strict risk management, reduce exposure before macro events.
  

1. Daily (1D): Consolidation after ATH, strong supports (105100, 111980). Strong momentum, Risk On / Risk Off Indicator at "STRONG BUY," ISPD neutral. Normal volumes.
   
2. 12H/6H: Price oscillating near upper pivots (115736, 116467). Buyers in control. "STRONG BUY" generalized.
   
3. 4H/2H: Range 116467–119676, Up momentum. Swing setups/favorable to buyers on weakness.
   
4. 1H: Full confirmation of the bullish bias. 116.5–117K area = key support for scalp/swing.
   
5. 30min/15min: Minor short-term bearish divergence, increasing volumes, no structural warning. Possible scalping on bullish reaction 117800–116467.
   

Risk On / Risk Off Indicator = "STRONG BUY" on all timeframes (>1H). Only micro-risk: "Down" divergence on 15/30min, to be watched.

• Main risk: $130K area (Glassnode major statistical resistance), possible capitulation below 115736 (swing invalidation).
  
• Targets: 122–130k.
  
• Macro: Reduce exposure before 24/07 (ECB), adjust stops if extreme volatility.
  

• BTC in price discovery, all holder cohorts in profit (>95% STH).
  
• Profit-taking rising but no climax detected; market is "breathing".
  
• Major support: $110K; major resistance: $130K.
  
• Attractive risk/reward outside euphoria zones. Stop advised <115736.
  

No immediate disruptive macro catalyst. Watch for volatility spikes at ECB decision (24/07).

• "Swing long" favored on pullback 117900–116467 / stop below 115736.
  
• Scalping weaknesses 117800–116467 on bullish reaction, monitor post-ECB confirmation.
  
• Reduce leverage/exposure ahead of ECB.
  
• R/R ratio >2 on bullish swing scenario; strict stop-loss.
  

Robust bullish context, valid technical structure. Active approach required short term: seize pullbacks, protect stops, adjust post macro-news.