#比特币价格波动 Analyze the support level of Bitcoin, currently the key range is between $106,000 and $107,000. This range is formed by short-term holders (1-3 months) achieving prices and the 200-day moving average. If it falls below this range, the next important support level is around $100,000, corresponding to the annual moving average. As long as the $100,000 support is effective, the overall market structure remains bullish. It is recommended to closely monitor the changes in these key price levels, particularly the flow of large funds and the activities of whale addresses, to determine whether the support is solid. Also, pay attention to on-chain data, such as the changes in the age distribution of unspent transaction outputs (UTXO), as this may indicate the attitude of long-term holders.