$BTC Analysis of the 1-hour chart reveals a consolidation phase for bitcoin between 105,000 USD and 106,000 USD, suggesting indecision in the immediate market direction. The last peak at 106,000 USD created a rounded top pattern, indicating a weakening of the bullish momentum. With support formed at 104,500 USD, a breakout above 106,000 USD supported by strong bullish volume could ignite a new upward leg. Conversely, a price drop to the 104,800 USD level accompanied by a decrease in selling volume could serve as a scalping buying opportunity. An appropriate exit for short-term positions is near 106,500–107,000 USD, with recommended stop-loss placements below 104,500 USD to mitigate downside risk.