Currently, Bitcoin (99159456635) is in a fluctuation range between 101,000 and 105,000, having attempted multiple times to break through the resistance level of 105,000 but has not been able to establish a stable position. This level has formed a clear short-term pressure; if it cannot effectively break through in the short term, the market may turn to a correction due to the exhaustion of bullish momentum. Especially during periods of low liquidity over the weekend, price fluctuations can be easily amplified, so caution should be exercised regarding potential downside risks.

From a support level perspective, 101,000 is the key defensive level of the current range; if it breaks below, it may further test 98,500 or even 97,000. These levels are not only technical supports but also psychological barriers for the market; losing them may trigger a deeper correction. On the other hand, if the price can break through 105,000 with volume and stabilize, it may open up new upward space, with targets looking towards around 109,000.

Short-term traders should operate cautiously, avoiding chasing highs and lows in the middle of the fluctuation range. Medium to long-term investors may focus on more solid support levels or breakthrough signals before making decisions. Weekend market fluctuations may increase, and it is advisable to control positions and wait for the market to confirm its direction before proceeding with the next layout.