$BTC USDT Update — Key Resistance Holding at $106,775

Bitcoin is currently testing a critical resistance zone near $106,775, but has failed to break above it so far. This level is acting as a strong ceiling, and price action shows hesitation just below it.

📌 Key Observations:

$106,775 remains the major resistance — price has rejected this level multiple times.

No clear breakout candle or volume confirmation yet.

Short-term structure suggests consolidation below resistance.

📈 What to Watch:

A clean breakout above $106,775 with volume could trigger a sharp move higher.

If rejection continues, support levels around $104K–$105K may come into play.

⚠️ Until BTC breaks and holds above $106,775, the bulls remain cautious.

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