Greeks.live: Bitcoin has been fluctuating in the $105,000–$110,000 range for too long, lacking a clear direction

Odaily Planet Daily reports that Adam, a macro researcher at Greeks.live, has released a briefing to the Chinese community, highlighting that the group is generally anxious about the current market. They believe Bitcoin has been consolidating in the $105,000–$110,000 range for too long, lacking a clear direction. Traders are focusing on $107,000 as a key support level for Bitcoin, with a consensus that if this level is breached, market sentiment will turn pessimistic. At the same time, they are looking for volatility to be triggered by a potential false breakout to new highs.