Technically: $BTC

1. The area between $106,000 and $109,000 represents a major resistance:

If the price can break through this area with a strong daily close, it may move towards higher targets like $112,000 or even $120,000.

Conversely, if rejection from this resistance continues, the price may return to test strong support levels, such as:

$100,000 (psychological and technical support).

$95,000 (previous local low).

2. Technical indicators:

If the RSI (Relative Strength Index) shows oversold conditions, this indicates the possibility of a bullish rebound.

The appearance of reversal candles (such as Hammer or Bullish Engulfing) on larger time frames may confirm the market's intent to rise again.