BTC is currently consolidating within a rising flag pattern at the daily level, and is rebounding from the 100k support trend line. In the short term, the key support area around 106300 is currently playing a crucial role, having tested this level multiple times recently and managed to recover each time. In fact, from a one-hour perspective, this can also be seen as a consolidation phase of a rising flag pattern. If the weekend market can steadily stabilize above 107000 again, breaking through the 110k level would just be a matter of time.