The pancake returns to the key battle zone! 108K is the life and death line; break through and take off, fall below and face a storm of blood and wind!
$BTC is currently 'hopping' between two potential seams—on one side is the mid-track support of the rising channel, and on the other side is the upper resistance of the short-term downward pressure. The consolidation has entered a critical phase, and a change is imminent.
Key analysis of the situation:
108K is the breakout button: as long as this barrier is crossed, the liquidity pockets above 112K–117K will erupt like opening a valve. This range is the next stop for the bulls, the 'ignition zone' of the current market.
105K is the lifeline of the helm: this is the structural support for a stepwise upward trend; if it holds, the bullish structure remains, and the market can continue to climb step by step.
Once it falls below 104K, it will directly crash back to the 102K base zone, reshuffling the chips, and short-term sentiment may shift from optimistic to wait-and-see.
