Bitcoin Near $111K: Soft Bearish Trend Eases as Short-Term Bounces Possible

Bitcoin prices currently hover near $111,000, slightly below its estimated fair value of $115,000. The market exhibits a softening bearish trend, with selling pressure easing and technical bounces toward the $115,000 mark possible. 43% on the Integral Index signals continued bearish conditions, but reduced amplitude suggests this is not a peak selling phase. This near-neutral state allows for short-term technical rebounds without necessitating a full market reversal.