$BTC Bitcoin faced pressure around 106,500 but the decline was not significant. The strong support at 105,000 remains intact, and Yingjie has successfully captured the highest point of around 1,200.

Currently, Bitcoin is adjusting around 105,900, with continued attention on the resistance around 106,500 and support around 104,000. After a unilateral rise on Friday, it has been in a high-level adjustment from the weekend to today. This week, 106,500 serves as a short-term dividing line for bullish positions, and we should continue with a high sell and low buy strategy unless there is a significant breakdown.

For onlookers, continue to monitor around 106,500, targeting near 104,000. $BTC