The range of fluctuations is getting smaller, is Bitcoin today 110,000 or 104,500.

After the livestream ended last night, Bitcoin tested around 108,000 again, but the market did not break through the high point of 108,300. Under pressure from resistance above, it retraced to around 106,400 in the morning and continued to bounce back. It is currently consolidating and fluctuating around 107,300.

Currently, the price is running above the middle Bollinger Band and the Bollinger Bands are expanding, indicating increased market volatility, showing a short-term bullish bias, but the direction needs further confirmation.

RSI: Currently running around 50, in a neutral zone with no obvious overbought or oversold signals, and the buying and selling forces are relatively close.

BTC trading suggestion: 106,000-106,500 as a range, with a stop loss of 800 points, and a target of 108,800 to aim for a breakthrough to 109,500-110,000.