$BTC From a technical analysis perspective, the current daily chart once again shows a bearish candlestick pattern, and the market continues to remain in a high-level consolidation phase. Although the upper, middle, and lower bands of the Bollinger Bands maintain an upward trend, they have not significantly expanded, indicating that the bullish momentum is slowing down. The three lines of the KDJ indicator have begun to turn downward within the overbought zone, showing preliminary signs of a death cross. Meanwhile, the MACD indicator's momentum bars are continuously shrinking, indicating a clear demand for a pullback on the daily chart.

Key resistance levels to closely monitor above include 105,000, 105,500, and 106,000; while the main support levels to watch below are 101,800, 105,000, and 96,500.