Recently, the Bitcoin market has shown a trend of volatility and consolidation, with various technical indicators indicating that long positions are gradually strengthening, and a new round of rise is expected.

From the moving average system perspective, the price trend of Bitcoin is in a state of convergence, indicating that the market is experiencing a phase of adjustment between long positions and short positions. Although the direction is still unclear in the short term, this accumulation state lays the foundation for potential significant volatility in the future.

In terms of the MACD technical indicator, the fast and slow lines are about to form a golden cross, while the red momentum bars are beginning to slowly increase in volume. These signs all indicate that long positions are gradually accumulating, providing upward momentum for Bitcoin's price.

The Bollinger Bands indicator is also sending positive signals. The middle band is continuously sloping upwards, the price is operating above the middle band, and there are signs of expansion in the Bollinger Bands. These characteristics indicate that the market is in a strong position, with sufficient upward momentum, and Bitcoin may be preparing to break through previous highs.

Based on the above analysis, market participants can pay attention to the key range of 106500 to 107000. If the price can stabilize within this range, it may further break upward, with the next important target likely around 108500.

However, investors should remain cautious and closely monitor market changes. The cryptocurrency market is highly volatile, and any unexpected events can lead to a sharp downturn in prices. It is recommended that investors fully consider risk management when formulating trading strategies and set reasonable stop-loss positions to cope with potential market fluctuations.