#市场调整後的机会？
The price of Bitcoin is further declining. Bitcoin (BTC) has entered a downtrend again, with the price falling below the $105,000 range. Currently, this cryptocurrency has seen nearly a 5% loss and struggles to remain above the key support level of $100,000. Key Support and Resistance Levels Bitcoin failed to break through the resistance level of $108,000, subsequently dropping below the support level of $102,500 and even below $100,000. Currently, BTC is consolidating around a loss of $98,728, with a bearish trend line visible on the hourly chart, indicating resistance near $102,000. The price is trading below $104,000 and below the 100-hour simple moving average.
Potential Upside Scenario If Bitcoin begins to recover, it may encounter resistance at these levels: $100,500: near the 23.6% Fibonacci retracement level of the recent decline. $101,000: a key level related to the trend line. $102,250: breaking this level may lead to an increase to $103,500, coinciding with the 50% Fibonacci retracement of the downtrend. If the bulls gain momentum, the price may rise further to test the resistance level of $106,000. Risk of Further Decline If Bitcoin fails to break through the resistance area of $101,000, it may continue to move downward. Key support levels include: $98,500: immediate support. $98,000: important support level. $96,200: the next key support area. Further losses could push the price down to $95,500. Technical Indicators Hourly MACD: gaining momentum in the bearish zone. Hourly RSI: below 50, indicating sellers are dominant. Key support levels: $98,000, followed by $96,500. Key resistance levels: $101,000 and $102,000. Bitcoin is currently consolidating its losses; while a short-term rebound may occur, further declines are still possible unless the bulls can break through the key resistance levels.