$BTC is being held at a relatively good price around $107,000 where the trendline support, MA support, and Bollinger Band support all exist. In the short term, support is increasing, but with this downtrend, it is hard to be optimistic, unless some impactful news comes out that makes it surge above 110k.

For now, without any strong signals, it is highly likely to test around 108,700 - 109,600 and then break the 107 area, with liquidity at $105,500 and $104,400.

Please refer to this view; it might be helpful... today the market is Long altcoin, specifically Long PHB - Melania and AI... at the beginning of the week, meaning tomorrow will dip short according to this view a bit.