$BTC High structure formed, but it is still not the moment of the explosion, as institutional investors want to keep the price between US$ 108k and US$ 104k.

Consistent bottom at US$108k, now acting as support (previous resistance), with successive validations.

A consolidated ascending channel in the 4H period has been respected, with ascending highs and lows; a breakout above the upper band of the channel could lead prices to US$120–122k.

There are levels of liquidity and stop orders just above US$110–111k, these zones may attract "stop-hunt" movements (search for liquidity) before possible reversals.

Always do your own research (DYOR) and manage risk! In the crypto market, the best entry is the one you understand and are prepared to hold.