The Bitcoin price today, $BTC , may continue to consolidate. Technically, its price is constrained by multiple moving average resistances around $106,000, with market trading volume being sluggish and the relative strength index near the midpoint, indicating strong cautious sentiment. If it breaks through the moving average resistance in the short term, it has a chance to challenge the $112,000 high, but current momentum is insufficient. If demand remains weak, it may test the support zone of $94,000 - $97,000 in the short term. The market needs more buying demand to support a breakout.