$BTC From a technical analysis perspective, the current daily chart once again shows a bearish candle pattern, and the market remains in a high-level consolidation phase. Although the upper, middle, and lower bands of the Bollinger Bands maintain an upward trend, they have not significantly expanded, indicating that the bullish momentum is slowing down. The three lines of the KDJ indicator have started to turn downward in the overbought area, showing preliminary signs of a death cross. Meanwhile, the momentum bars of the MACD indicator continue to shrink, indicating a clear demand for a pullback on the daily chart.

Key resistance levels to closely monitor above include 105,000, 105,500, and 106,000; while the main support levels to watch below are 101,800, 10500, and 96,500.