$BTC Current Price: $108,019 (down 3.09%)
Trend: Recent sharp drop after local high of $111,980.
Support: $108,000 (current), next at $105,000.
Resistance: $110,443 (MA7), $111,980 (recent high).
Volume: High selling volume, strong red candle.
Outlook: Short-term bearish/correction; watch $108,000 support. Recovery above $110,500 needed for bullish momentum.