Today's trend: fluctuating with a bearish bias (probability of fall > 60%)
Downward trigger point: Escalation of Middle East conflict → Risk aversion + Oil price inflation → Double kill of stocks and cryptocurrencies. Key support at $105,800, if lost, may quickly test $103,000. Upside opportunity: If the sudden events ease and the US stock market rebounds, BTC may test the resistance at $111,200. The continuous inflow of institutional ETF funds (averaging $120 million daily) is the core support.
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Today's trend: fluctuating with a bearish bias (probability of fall > 60%)
Downward trigger point: Escalation of Middle East conflict → Risk aversion + Oil price inflation → Double kill of stocks and cryptocurrencies. Key support at $105,800, if lost, may quickly test $103,000.
Upside opportunity: If the sudden events ease and the US stock market rebounds, BTC may test the resistance at $111,200. The continuous inflow of institutional ETF funds (averaging $120 million daily) is the core support.