📌 Important technical support currently lies in the $100K–$107K range, coinciding with the Short-Term Holder (STH) Realized Price and the 200-day SMA — this is the 'fortress' of the bulls.

📌 If Bitcoin cannot hold the $108,800 level, it may face a deeper correction, with the potential to drop to $92K–$93K.

📌 In the past 3 months, 94% of traders have been liquidated, clearly reflecting that the market is experiencing intense 'liquidity hunting' and high risks from leveraged positions. $BTC