$BTC Bitcoin (BTC) Short-term Analysis and Outlook

According to the image you provided, the current price of Bitcoin (BTC/USDT) is approximately $104,718.72, with little fluctuation in the past 24 hours and moderate trading volume. From the 15-minute candlestick chart, BTC is currently in a consolidation phase, hovering between $104,000 and $108,000, with no clear one-sided trend.

In the short term, Bitcoin may continue to maintain a range-bound oscillation. Investors should closely monitor the support level near $104,000 and the resistance level around $108,000. If it can effectively break through the resistance level, it is expected to challenge higher points; conversely, if it falls below the support level, it may further test the lows. Due to the high volatility of the cryptocurrency market, it is advisable to operate cautiously and keep a close eye on the latest market news and changes in technical indicators.