The Bitcoin market entered a relatively calm phase over the weekend, with trading activity significantly reduced and the price fluctuation range gradually narrowing, presenting a typical oscillation pattern. Currently, both bulls and bears are evenly matched, making it difficult to form a breakthrough trend, and the market overall lacks clear directional guidance.

From the daily chart perspective, the K-line chart shows a tightly arranged situation, with limited price Fluctuation. Various moving average indicators are intertwined, reflecting that market participants generally hold a wait-and-see attitude. Based on the current market situation, this consolidation trend may continue in the short term.

On the technical front, the Bitcoin price may encounter resistance near $107,800, with support likely around $106,000. Investors need to closely monitor these two key price levels when making trading decisions.

It is worth noting that the current market lacks clear driving factors, and investors should remain cautious and manage risks effectively. At the same time, attention should be paid to external factors that may affect Bitcoin prices, such as changes in regulatory policies and macroeconomic conditions.

Although the market may continue to fluctuate in the short term, Bitcoin's status as a digital asset remains solid in the long run. Investors can take advantage of this relatively calm period to study market dynamics in depth and prepare for potential opportunities that may arise in the future.