$BTC

🧭 Bitcoin (BTC) Current Trend Analysis

Current Price: Approximately $103,300, down about $5,000 from the previous high, currently in the consolidation range of $100K–$111K.

Technical Analysis:

Short-term fluctuations and consolidation, close to the daily 50-day and 200-day moving averages, in a critical stage before a breakout.

It belongs to the 'soft correction' pattern, with the decline being a normal phenomenon, and the overall bullish pattern remains intact.

📊 Fundamental Factors

Institutional Funds Entering: Long-term holders (LTH) reach a historical high of 14.46 million BTC.

Positive ETF News and Policy Support:

Bitcoin ETF assets exceed $132 billion.

The United States is considering including Bitcoin as a 'strategic reserve asset'.

Weak dollar, rising stock markets, supporting Bitcoin as a safe haven for funds.

🔮 Short to Medium-term Forecast

Key Price Levels:

Support Zone: $107K → $100K (psychological support).

Resistance Zone: $110K–$112K; once broken, it could challenge $125K–$137K.

Strategy Suggestions:

1. Short-term Trading: Consider buying near $107K; if it breaks $111K, you can chase the upward trend; set a stop-loss below $104K.

2. Medium to Long-term Layout: A staggered layout strategy can be used, with strong ETF and policy support, and obvious positive factors.

⚖️ Summary

Currently in a 'fluctuating bullish' pattern. If it holds above $107K, it could challenge new highs, but one must also be cautious of short-term technical correction risks. Adjust positions according to risk tolerance.