Bitcoin Market Analysis 103006

$BTC Small-scale fluctuations intensify, after last night's high of 105864, due to the incident involving Matt, it fell to 100333. The current price of 103006 has rebounded, down 1.7% from the previous value (104795). The candlestick shows small-scale fluctuations, with bulls and bears contesting between 105864 and 100333. Here we can see that Bitcoin is in a small-scale fluctuation; we can observe whether it continues to fluctuate downward or breaks out upward!

Consolidation range:

Upper resistance: 105864 (last night's high).

Lower support: 100333 (key defense line).

Technical quick review:

Four hours: The price is fluctuating in the range of 100333-105864, with volume decreasing, as if choosing a direction.

One hour: Bulls and bears are grappling around 103000, with the trend determined by a push to 105864 or a drop to 100333.

Real-time dynamics:

BTC fell to 100333 last night due to the incident involving Matt, volume surged and then fell back, market sentiment remains unstable. Need to pay attention to tonight's U.S. market opening or news (such as subsequent developments regarding Matt).

Trend prediction:

If it again falls below the previous low near 100333, this wave may test the crucial $100,000 mark! If it breaks through 105864, it may surge upward!

Breakthrough outlook:

Current price 103006, $100,000 has strong support, short-term fluctuations between 100333-105864. A drop below 100333 or a test of 100000, breaking 105864 could push to 107000, needing significant news or a surge in volume.