【Bitcoin's Key Support Revisited, Is the Next Stop $100,000?】

Bitcoin is currently reported at 104,777, down 2.79% for the day, with a 24-hour trading volume soaring nearly 29%, showing significant selling pressure as panic emotions are being released.

On the technical chart, the RSI hovers at 48.85, indicating weakening momentum. The price has fallen below the 20-day moving average of 106,454, and the pullback of the Bollinger Band's middle line further confirms the bears controlling the rhythm.

Currently, 101,909 is a key support level; if it breaks below, the psychological level of $100,000 may be quickly reached. The short-term upward space is limited by the resistance level of 113,000.

Under the pressure of geopolitical tensions and macro fluctuations, traders are generally turning conservative. In the tug-of-war between bulls and bears, the market is awaiting new directional signals. Those with strong beliefs will re-examine their understanding of the cycle here. #加密市场回调 #ENA #SOL #PEPE #ETH $BTC $XRP $SOL