Bitcoin Status Analysis

Current Status: The Bitcoin price is stuck in the middle (approximately between 109,000 and 111,000), unable to rise or fall.

Signal Interpretation: Bearish Signal: The recent consecutive declines (black three soldiers) indicate that the downward momentum is still present, and the bulls are somewhat weak.

Bullish Signal: There is some support (flat bottom) and possible rebound (belt hold line) signals, suggesting that further declines may be limited.

Decreasing Volatility: The Bollinger Bands (price channel) are narrowing, indicating that the market is 'dozing off,' making it difficult for significant increases or decreases in the short term.

Key Price Points: Upper Resistance Wall (hard to break): 110,186 USDT nearby: good short position (if encountered).

110,530 USDT: only a breakthrough here counts as a real increase.

Lower Support Cushion (hard to break down): 109,443 USDT nearby: a place to gamble a little on a rebound.

108,331 USDT: breaking below here indicates further declines.

104,964 USDT: deeper support (strong break warning).

Operation Suggestions: Easiest: Just watch (wait), and plan only if the price clearly breaks above the resistance wall or below the support cushion.

Aggressive Approach: Close to 110,186, you can try a small short, with a stop loss set just above 110,530 (if it breaks, accept the loss and exit).

Close to 109,443, you can try a small buy, with a stop loss set just below 108,331 (if it breaks, hurry to exit).

In Summary: Bitcoin is oscillating in the middle, with 'doors' above (110186, 110530) and below (109443, 108331), wait before making any moves.