$BTC Price Performance

BTC is currently priced at $105,388, with a 24-hour decline of 2.47%, and an intraday fluctuation range of $105,319-$108,851. The technical indicators show a short-term bearish trend, with a bearish crossover in the MACD, and the RSI has fallen to 43.3 (neutral to bearish). If it breaks below $105,000, it may trigger a liquidity replenishment, further probing the range of $102,500-$103,500.

Key Support and Resistance

Support Level: $105,000-$105,500 (on-chain stop-loss dense area and Fibonacci retracement at 0.382)

Resistance Level: $107,500-$108,000 (upper boundary of the descending channel and dense area of trapped positions in exchanges)

Short-term (1-3 days)

Long Position: If the price stabilizes around $105,500 during a pullback, a light position can be established with a stop-loss set below $105,000, targeting $108,000.

Short Position: If it breaks down below $105,000 with volume, a short can be pursued to $102,500, with a stop-loss at $106,000.

Medium-term (1-4 weeks)

Monitor the effectiveness of the $105,500 support. If it holds, a staggered position can be built, with the first batch buying 20% of the position, stopping out if it breaks below $102,500.

Risk Warning

The U.S. tariff ruling on June 9 and the Federal Reserve's policy direction may trigger significant volatility, and it is recommended to control positions and retain cash to cope with black swan events.