Recently, Bitcoin has shown a slight rebound, but overall it remains in a volatile pattern, with both bulls and bears competing. We have also taken advantage of multiple entry opportunities to achieve considerable gains.

In terms of indicators, the short-term moving averages MA7 and EMA7 are providing support around 105400, with some buying pressure still present in the short term. The medium to long-term moving averages MA30 and EMA30 are above 106000, creating resistance. If it cannot break through, it may continue to fluctuate or pull back.

In the morning, Bitcoin is also focusing on the short-term resistance levels of 106000-106200. If it stabilizes, it can continue to hold out for 107000; if pressured, consider reversing.