Today, the Bitcoin market shows a trend of probing higher and then retreating, with the overall fluctuation range relatively limited. The price fluctuation during the day is around 500-600 points, which is sufficient for short-term traders to consider taking profits.

From a technical perspective, the market is currently in a consolidation pattern, but it is worth noting that the amplitude of the Fluctuation is gradually narrowing, forming a converging trend. This pattern typically indicates that the market is still in a relatively weak state, and investors need to closely monitor the performance of the key support levels below.

In terms of the current market, it is recommended that investors focus on the upper resistance level of the range between 109300 and 109800, while closely monitoring the lower support range between 107300 and 107800. Breakthroughs or rebounds in these two price ranges could serve as important indicators for the future direction of the market.

In this market environment of fluctuating convergence, investors should maintain a cautious attitude, being alert to potential downward breaks while also preparing for possible upward breaks. At the same time, when making trading decisions, it is important to consider other technical indicators and fundamental factors to gain a more comprehensive market insight.