In the next week, BTC is bullish. Recently, the BTC price has been fluctuating around $105,000 - $106,000. Although it faces a critical directional choice, overall, it still has upward momentum. From the market sentiment perspective, global risk aversion has brought attention to BTC, and institutional investors' holdings continue to increase, providing strong support for its price. On the technical front, if it breaks through the $107,000 resistance, it may quickly test $110,000 and trigger a short squeeze, targeting $115,000 - $120,000; if it loses the $104,800 support, it may fall back to the $100,000 whale cost area, or even test $92,000. However, the current BTC price is highly volatile, and investors should make cautious decisions.