BTC's consolidation is becoming more orderly. Over the weekend, it continuously tested the lower support level without breaking it, and the bottom price has been consistently rising. The bulls have a strong willingness to counterattack. The short-term resistance above is at the price of 106,100. To break the current trend, BTC must break through the price of 106,800 to attract stronger capital inflow (for those chasing long positions).

During this stage of market consolidation, it is advisable to keep an eye on altcoins as certain sectors may perform well. As long as the market does not break below the price of 100,800, the bullish trend remains dominant.