Bitcoin 4 Hour Market: Triangle Fluctuation Key Level 105,500 Determines Direction

On the 4-hour chart, Bitcoin continues to consolidate in a triangular pattern, with significant support at the lower boundary. Today's focus is on the key level of 105,500 USD:

Break above 105,500 USD: Market strengthens, rebound target looks towards 106,800 USD midpoint

Pressure at 105,500 USD: Bulls weaken, need to be cautious of a drop to 103,000 USD support

Key Reference Points

Upper Resistance: 106,800 USD, 108,400 USD

Lower Support: 103,000 USD, 100,500 USD