The recent technical trend of Bitcoin ( BTC ) is relatively stable, but after attempting to break through resistance, it has entered a phase of oscillation and correction. From a larger time frame perspective, the trading range is gradually narrowing, and the downward space is significantly constrained. It is expected that a key market turning point may be迎来 at the beginning of next week.

Personal market views still lean towards a greater possibility of a bullish breakout. Recent external news interference will only cause short-term price fluctuations. Although the hourly level patterns appear slightly weak, the support level remains quite solid.

For the current market situation, it is suggested that investors consider looking for buying opportunities in the range of $104,500 to $104,000, and to position themselves for a bullish stance, with target prices around $106,000. The market is currently in a consolidation phase, and patience may lead to a new round of upward trends.