🔍 **Technical Analysis:**
* BTC had a **sharp rally upward**, then a **strong bearish correction** with a clear break of market structure.
* After that, price formed a **lower high** and continues moving sideways — showing indecision.
#### 🔹 **Support Zones:**
1. **$106,500 – $107,000:**
Key short-term support (price tested and bounced here multiple times).
→ If broken, next support is around **$104,800 – $105,000**.
2. **$102,500 – $103,000:**
Major liquidity & demand zone. Likely to attract strong buying if reached.
🔹 **Resistance Zones:**
1. **$109,500 – $110,000:**
Nearest resistance and liquidity pocket (previous highs).
→ A breakout above here may trigger short squeezes.
2. **$111,500 – $112,000:**
Strong resistance from previous swing highs.
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### 💧 **Liquidity Zones:**
* **Above $110,000:** Stop-loss liquidity from short traders.
* **Below $106,000:** Long traders’ stop liquidity (potential sweep area).
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📊 **Short-Term Outlook (Next 24–48h):**
* If BTC **holds above $107,000**, expect a **retest of $109,500–$110,000**.
* If BTC **breaks below $106,500**, expect a **drop toward $105,000 or even $103,000**.
