Bitcoin is struggling to surpass the $100K mark after only hitting this threshold last week. 📈

- On the daily chart, the price of BTC has gradually increased after surpassing the $90K mark, but it still cannot maintain above $100K. However, the market structure and RSI indicate bullish momentum, suggesting that BTC may break out soon.

- On the 4-hour chart, BTC is forming a narrow upward channel with higher highs and higher lows. If it can hold the support level, the price may rise above $100K in the coming weeks. Conversely, if it breaks down, the price could drop back to the $90K support area, but this scenario is less likely to occur.

- On-chain analysis shows that after strong fluctuations, the funding rate has returned to normal levels, which may lead to a more sustainable rally. 🚀