#BTC Bitcoin is currently fluctuating around $100,305, and the market is showing a volatile trend. This situation is like a road ahead being blocked by several mountains, and to break through, one needs to overcome multiple resistances.

From the resistance above, the most critical price level is around $108,917, which is the first obstacle that needs to be broken through. The $110,653 area represents a stronger resistance zone, as historically the price has often quickly retraced after reaching this level, indicating strong resistance from the market at this point.
Looking down, $102,540 can be seen as the current short-term support level. The price has recently rebounded at this position, providing some temporary support. However, if it breaks below this level, it may be necessary to look for lower support points.
The current market is in a typical consolidation phase, with prices fluctuating up and down but lacking a clear direction. If investors want to break even, they need to closely monitor those key price levels, as they actually reflect the comparison of market sentiment and the strength of bulls and bears.
For investors hoping for a price increase to break even, the key is whether the price can firmly hold above $108,917. It's like a tug-of-war; if the bulls can pull the price over this critical line, it would prove that the upward momentum is effective. At this point, one could consider appropriately reducing their position or waiting for opportunities at higher price levels.
However, a cautious attitude must be maintained. If the price repeatedly fluctuates below $108,917, and after multiple attempts to rise it gets suppressed again, it indicates that the bears still have the upper hand, and there is significant upward pressure in the market. In this case, investors should adjust their expectations and implement risk management.