On the four-hour level, the third high point of BTC at 109200 has been confirmed. The primary focus for the day is on the 107000 support area (which has been tested twice without breaking).

If this level is lost, the market may accelerate its decline into the 106000-107000 range. This week's core observation is the strength of the 106000 key support, as this position will determine the mid-term directional choice.

The daily level maintains a consolidation pattern, with yesterday's doji closing indicating intensified tug-of-war between bulls and bears. The current price structure has formed a clear trapped position, but market buying support makes the decline exhibit a stepped characteristic.

It is worth noting that this type of resistant decline is often accompanied by the gradual release of trapped positions. There is a high probability that this week will complete the topping structure and initiate a new round of decline. $BTC #TruthSocial加密蓝筹ETF