$BTC

Today, Bitcoin is trading around 104,700 USD, slightly down 0.1% in the past 24 hours, according to cryptonews.com. The market is consolidating after failing to break through the resistance level of 106,000 USD, with key support at 103,400 USD. The inflow from Bitcoin ETFs continues to rise, indicating interest from institutional investors, but cautious sentiment prevails due to concerns over geopolitical volatility and regulatory issues. Technical analysis shows that Bitcoin is stuck in a symmetrical triangle pattern, with the RSI at 36.8, signaling short-term bearish pressure. Investors should closely monitor the range of 104,200-105,800 USD and manage risk carefully.