The Bitcoin market has recently shown a complex trend. In the short term, BTC seems to lack upward momentum and even shows signs of a fall. However, market participants are still closely watching the key support level of 106800. Only if the price effectively falls below this level could it trigger a more significant downward trend.

Currently, the overall trend of BTC shows some signs of weakness, but it still maintains above the central support level. It is noteworthy that the price has returned to a smaller oscillation range. The next direction is likely to be influenced by the clearing actions in the futures market, so investors need to closely monitor changes in the clearing data.

Nevertheless, many analysts in the market are cautious about BTC. They point out that the U.S. stock market has reached new highs, and if a large-scale sell-off occurs, it could put downward pressure on Bitcoin prices. This correlation highlights the increasingly close ties between the cryptocurrency market and traditional financial markets.

Investors should remain vigilant in the current market environment, closely monitoring various market indicators and macroeconomic factors. At the same time, it is important to recognize the high volatility of the cryptocurrency market and to implement proper risk management. As the market continues to evolve, maintaining a flexible investment strategy will become increasingly important.