Recently, the price of $BTC has fluctuated between 104,000 and 106,000 USD, with little volatility but still drawing attention. Analysis indicates that Bitcoin has failed to act as a 'safe-haven asset,' as the tensions in the Middle East have not significantly driven its rise. Most technical analyses suggest that the current price is constrained by the downward trend line and moving average resistance. If it falls below 103,400 USD, it may drop to 102,000 or even 100,600. However, if it can stabilize above 105,600, there is potential for it to rise to 108,000 or even set a new record. Overall, in the short term, it remains in a consolidation phase, with both risks and opportunities present.
