Super Alert! Bitcoin price on the edge of a cliff! Key points revealed for next week, dropping below $103,000 will trigger panic!

Next week's market is on fire, pay attention to these key areas:

Weak support zone: $103,000, once broken, short-term panic selling will ignite immediately.

Resistance point: $106,800, breaking through within 12 hours is necessary to aim for $110,000.

Weekend key line: Stabilize at $106,500, bullish momentum can only continue if held through the weekend.

Price range: Expect significant fluctuations between $102,000 and $107,000, influenced by ETF funds and the broader environment.

Danger line: If the closing price is below $100,000, the bullish structure collapses, targeting $92,000.

Technical indicators:

RSI is high at 74.58, suggesting a possible short-term pullback.

Price is above all major moving averages, the trend is still bullish.

Trading volume is sluggish, institutions are cautious in entering the market.

Positive catalysts:

Large-scale ETF capital inflow, with funds reaching $785 million.

Institutions are starting to position in spot ETFs, demand is expected to explode.

Potential risks:

Leverage long positions are under significant pressure, nearing liquidation edge.

Uncertainty in macro policies and geopolitical situations, sentiment can easily be suppressed.

Operational advice:

Aggressive traders can position long near $103,000, with a stop loss set below $101,500.

Conservative traders should wait for confirmation after breaking $106,800 to chase longs, targeting $110,000.

Bear market defense, be wary of short attacks below $100,000.

Key schedule points:

Tuesday tests $106,800 resistance.

Wednesday and Thursday fluctuations, pay attention to changes in trading volume.

If Friday's close holds above $106,500, the market is bullish.

Expect stability over the weekend, unless major news disrupts the situation.

Be extremely vigilant! The market is volatile, be sure to operate cautiously and strictly set stop losses.