$BTC has recently retreated after fluctuating at a high level. The short-term pattern is weak, but the overall bullish trend is still solid. Under the support of the strong market, no clear reversal signal has been seen.

If the midday retreat touches the 108500-108000 range, it is recommended to buy on dips, and the stop loss can be set below 107500, with the target around 111000.

If this position can be broken, it may further test higher resistance, and the short-term trend is still bullish.

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