The establishment of a skyscraper cannot do without a solid foundation, and a good development requires a strong foundation laid in the early stages; otherwise, a shoddy project won't go far and will eventually be exposed. Currently, the price of Bitcoin is hovering around the 108,000 level, establishing support points. The indecisive market is due to the need for continuous polishing to build a solid foundation, and only in this way can we advance rapidly. From the hourly level, the Bollinger Bands have formed an upward trend, proving that the momentum is still building. The focus during the early morning layout is on the 108,000 level, which will serve as a solid support point.

The range of 108,000-107,500 for Bitcoin targets 109,500.