The fluctuations are hard to break, support under pressure! BTC 106800 is critical, losing it could trigger a drop towards 102k
Bitcoin still hasn't broken through and has fallen back into the fluctuation range. It has once again tested the support around the central level of 106800 below, but it has held. Currently, after a rebound, there are signs of another drop. We should continue to pay attention to whether the central level around 106800 can hold!
In terms of trends:
Overall, if this wave effectively breaks below 106800, there might be an accelerated liquidation drop. There hasn't been any particular news driving the rise, so we can only watch the fluctuations driven by futures liquidation. According to liquidation data, if it breaks below support, the potential area for liquidation could be around 102k!
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BTC Analysis: July 1, 2025 Daily Chart
