$BTC Update

Key Zones:

- Immediate Resistance Zone: 107,500 - 108,650 (dMonth VAH to pMonth VAH) - critical breakout zone for bullish continuation.

- Immediate Support Zone: 105,150 - 105,670 (30D VWAP and 16D CVAH) - primary line in the sand, a breakdown could trigger downside momentum.

- Strong Lower Support Zone: 104,000 - 102,800 (pMonth VWAP to dMonth VAL) - robust buying interest expected here.

Trading Hypotheses:

Bullish: Clear acceptance above 108,650 targets psychological and liquidity-rich zones above.

Bearish: Loss of 30D VWAP (~105,150) triggers a corrective pullback towards lower supports.

Summary:

Maintain a neutral-to-bullish bias while price holds above the 30D VWAP (105,150). Watch carefully for volatility expansion upon breaking either side of the current range.