#bitcoin is currently showing mixed signals, struggling to secure a close above the $110,000 resistance zone, where it continues to face rejection. For now, the key support level remains around the $107,500 mark. A decisive breakout above $110,000 could indicate bullish momentum, but until then, the price remains range-bound.

My Sentiment:

The market appears uncertain, with no clear breakout yet. Traders should remain cautious and watch for a confirmed move above $110K or $BTC breakdown below $107.5K before taking any aggressive positions. This is a wait-and-see moment, ideal for short-term scalping or staying on the sidelines until a clearer trend emerges.