Today's BTC trend depth interpretation

Core Observation
107,500 is the battleground for the bulls and bears, both sides are engaged in fierce competition at this price level, and the market is about to迎来新的变盘.

Key Technical Signals
Bollinger Bands Pattern Analysis:
The current price of 107,497.2 is in the sensitive area between the middle track of 104,462.4 and the upper track of 106,999.2.
Note: Although the early session broke through the upper track, the trading volume is insufficient, which may be a tactic used by the main force referencing last year's ETF pre-wash method in October.

MACD Indicator提示：
Although a golden cross has formed and turned red, the distance between the DIF and DEA lines is 196 points, indicating that the market may need to pull back and consolidate to avoid a sharp decline.

Real-time interpretation of the market:
107,497 has become an order concentration zone, this price level is the main battleground for bulls and bears: if it breaks through 107,700, it will trigger a chain reaction of short covering; while a drop below 106,800 may trigger the withdrawal of long funds.

Market news analysis
Positive factors: BlackRock's net inflow of $180 million in a single day, SEC accelerates the review process for ETH ETF.
Potential risks: Mt.Gox transferring 9600 BTC, German government transferring BTC worth 130 million to Coinbase.

Strategy Recommendation
Breakthrough Strategy: If a strong breakout above 107,700 occurs, consider chasing long positions, set a stop loss at 106,900, and target 110,000.
Downward strategy: If trading volume shrinks and breaks below 106,800, it is recommended to gradually allocate in the range of 104,400-105,000.
Range trading: You can sell high and buy low within the range of 107,200-107,600.

Key Points of Risk Control
Expected volatility period: 15:00-17:00
Position Management: Each open position should not exceed 5% of total funds, strictly implement stop loss.
Important tips:
Do not blindly chase after the rise related to BlackRock; there is no need for panic selling regarding the news of Germany's sell-off—market fluctuations often present better entry opportunities.