There are a large number of long positions trapped after chasing high prices in the 108000 - 109000 range, and there will be significant selling pressure as the price approaches. The market is closely watching 110000, and the bullish strength is likely to be consumed in advance, making it difficult for a sustained breakthrough in the short term. As the price rises to this range, the competition between bulls and bears will intensify, and it is highly probable that there will be sideways consolidation to digest selling pressure and balance positions.

Bitcoin: Breakthrough at 107500 to see 108500 - 109000; $BTC