Analyzing the Bitcoin trend from the daily chart perspective, the price has recently attempted to break through the $106,000 mark multiple times but has not succeeded. Each upward surge has been followed by a pullback, creating a continuous oscillating downward Candlestick pattern. From a technical standpoint, the MACD indicator shows a trend of crossing below the zero line, which suggests that short-term momentum may further weaken.

Market focus is gradually shifting towards the support level of the lower MA60 moving average, which currently corresponds to a price of approximately $103,000. This constitutes a key defense line for Bitcoin in the near term. If the price can receive effective support at this level, Bitcoin still has the opportunity to re-initiate a challenge against the resistance level of $106,000; conversely, if the MA60 support is effectively broken, the technical pattern on the daily chart will significantly deteriorate, which may indicate that the adjustment period will be extended.

The market currently shows a typical high-level oscillation pattern, and investors should closely monitor the performance of this important technical level, as it is likely to determine the direction of Bitcoin's short-term trend.