#BTC走势分析

BTC: Fluctuating and Gaining Momentum, Focus on Key Breakthroughs

Bitcoin (BTC) has recently experienced significant volatility but has gradually stabilized, oscillating around $112,400. From the latest market perspective, BTC has emerged from a short-term downward trend and is in a corrective phase, with the market awaiting a new directional choice.

Technical Analysis

📈 Price Trend:

BTC found support after a rapid decline, and the price is gradually rebounding, currently maintaining a high-level oscillating range. This trend indicates that market sentiment is gradually improving, bearish momentum is weakening, and bulls are attempting to accumulate strength.

🔑 Key Price Levels:

Support: The current strong support below is around $111,500, which is a critical area for bulls to withstand selling pressure. As long as BTC holds this support, the overall structure remains bullish.

Resistance: The short-term resistance above is at $113,200. If this level can be broken, it will further open up upward space, with the target likely pointing to $115,000.

Market Outlook

Currently, $BTC is in a range consolidation phase, with the market digesting the impact of recent large sell-offs. If the price can stabilize above $111,500 and break through $113,200 with increased trading volume, a new round of upward movement is expected, challenging higher target levels. Conversely, if it falls below $111,500, caution is warranted for a potential decline testing $110,000.

Overall, although BTC's trend is under short-term pressure, it still maintains an upward pattern in the medium to long term. Investors should closely monitor the stability of key support and the volume accompanying resistance breakthroughs, as these are important indicators for determining whether the market can continue to strengthen.