BTC Trend Analysis, Key Position Layout
Upper Resistance Zone: 107,000–108,500U
This area corresponds to recent multiple peaks and pullbacks, currently the 'Pressure Zone'
If the daily line can effectively break above the 107K resistance, it is expected to open up a secondary upward space to 112K;
Lower Support Band: 104,000–105,000U
If the pullback does not break this level, it indicates that the bulls are still holding on;
If lost, it is likely to pull back to 100K or even 92K.
Conservative Long Positions
In the 105,500–106,500U range, take a light long position, set the stop loss at 104,000, and initially aim for 108–108.5K; if broken, it can target 112K;
If the position rises by 5–7% after being opened, it is recommended to take some profit; if it weakens, consider exiting to prevent sudden changes in direction;
If it breaks below 104K and closes with a bearish candle, confirm the pullback, then consider repositioning near 100K;