Bitcoin has failed to rise again; the pressure here is still considerable. Considering market sentiment, most people have begun to accept and even FOMO (fear of missing out), all expecting Bitcoin to challenge 120,000. However, in my view, this is not a good phenomenon! When others panic, I am greedy; when others are greedy, I panic! This saying holds significant weight!

In terms of trends, we need to pay attention to the support near 107,000 below. If this level is broken, it could trigger a new round of decline. Conversely, Bitcoin is likely to oscillate within this range on the chart, which would give altcoins some opportunities, leading to a small altcoin season! $BTC