The trend of Bitcoin ($BTC ) is becoming increasingly interesting 😂 It continues to rise despite divergence, and the daily closing has reached a new high again. It is still within the ascending channel, and as long as it does not break below the ascending channel, we should not blindly look bearish. At the same time, Bitcoin is also facing strong resistance from the supply zone ahead. If it breaks through 108500, it will definitely reach a new high. Additionally, the monthly line has risen for 2 consecutive months, and the dynamic bullish K-line is very strong. Next month, there is potential for it to hit another high. The pressure above on the monthly line is at: 114000. It is difficult to determine a definitive high point, but the 3-day line is already overbought, so chasing long positions at this level is certainly inappropriate. If a new high is broken, there is a probability of forming a double top, which would make the second half of the year challenging. The resistance above Bitcoin is: 108000/108500, and the support below is: 105000/104200/103000.