The current BTC market is at a critical stage, with a focus on the resistance range of $104,000-$105,000.

If the short-term rebound momentum weakens and fails to break through this area, it may only reach around $104,000 before starting to pull back, testing the support at $102,000 below.

If the price cannot stabilize at $104,000 and breaks down directly, it may accelerate towards the psychological level of $100,000, or even further down.