$BTC
BTC has shown a strong V-shaped rebound on the daily chart after several rounds of sharp pullbacks, with multiple consecutive green candles reflecting renewed bullish sentiment. Recent price surges have been backed by clear volume support, suggesting that it’s not just market sentiment recovering—there may be genuine accumulation from major players.

However, BTC is currently approaching the previous resistance zone (around 111k–112k). This level has seen heavy trading before, so a real breakout will likely require significant buying power. There are also frequent long wicks on recent candles, indicating ongoing volatility and intense battles between buyers and sellers. Short-term traders should be mindful of sudden swings and the potential for being shaken out.

Key Levels to Watch:

If BTC pulls back and holds above 106k–107k, it could offer an opportunity for those looking to follow the trend with tight risk controls.

If price closes below 105k on the daily, it may signal the end of this rebound and warrant a more cautious approach.

If BTC can break above 112k with solid volume, it could open the door for a new leg up.