The recent BTC market performance conforms to the expected trend. Since the Rebound from the 98000 level, the price has consistently stayed above 104000, indicating that this area has become an important support point.

After touching the low point of 99500, BTC showed a strong Rebound momentum, reaching near 106200 at the highest point during the day. The daily chart shows a large bullish trend, approaching the midline position. Market participants are closely watching the stabilization around the 1060-1068 range, and the hourly chart structure indicates that the bullish momentum is approaching the upper band.
It is worth noting that the current bull market trend is far from over. The widely anticipated interest rate cut policy is likely to become a new driving force for the bull market to continue to move forward, and a breakthrough in historical highs may be just around the corner.
For individual investors, the range of 104000 to 105200 may provide a better buying opportunity. In the short term, the target level to focus on is 108000, and from a long-term perspective analysis, highs of 111500 or even 130000 are possible to be reached.
However, investors must remember that the cryptocurrency market is highly volatile, with high risks and high returns coexisting. It is recommended to conduct thorough research and risk assessment before making any investment decisions.