Despite sluggish trading volume, Bitcoin's $BTC monthly close today is critical.

The key level to watch is $102,500, which was the high of the last monthly candle.

A close above this mark would be a positive signal, potentially averting a longer corrective period.

Conversely, a monthly close below $102.5k could usher in an extended consolidation or further downside.

All eyes are on this crucial session end.

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