Market Update:

Bitcoin has recently tested the $103k level, bouncing back to set a new all-time high. It's currently pushing towards the $108k mark, although altcoins are still lagging behind in performance. While there's speculation of a breakout towards $110k+, we can't ignore the newly established demand zone between $104k and $105k, which may play a crucial role in the near future.

With a busy week of economic events ahead, expect potential volatility to impact the market. This could make the $104k-$105k area an interesting level to watch for scalping opportunities. Stay alert for market shifts as the week unfolds.