$BTC

Currently, the short-term trend of Bitcoin (BTC) is in a strong consolidation range, with prices fluctuating between $104,000 and $112,000. As long as it holds the support level of $104,000, there is a chance to continue the upward movement, challenging the resistance at $110,000 to $112,000; however, if it breaks below, it may test the psychological level of $100,000.

In the medium term, with institutional funds continuously pouring in, rapid development of ETFs, and increasing expectations of interest rate cuts in the U.S., analysts generally have a positive outlook for BTC, expecting it to challenge the range of $120,000 to $200,000 by the end of the year.

Summary:

✅ Holding steady at 104K → Continuously bullish, challenging 112K

⚠️ Falling below 104K → May test 100K, then observe the rebound strength

🎯 Key focus: ETF inflows, inflation data, technical breakouts, and correction signals