From the daily chart perspective, BTC has recently attempted to break through 106,000 multiple times without success. Each attempt has resulted in a pullback after reaching a high, with the candlestick pattern continuously oscillating downward. The MACD also shows a trend towards crossing below the zero line. It is expected that there will be another attempt to retest the MA60 below, currently corresponding to a price of 103,000, which is also the last line of defense recently. If it can hold above this level, BTC will continue to challenge 106,000; conversely, if it breaks below, the daily trend will look bleak, and the adjustment period will take longer.
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