In previous analyses, it was mentioned that Bitcoin established a clear support signal at the 104,400 position and predicted that it would maintain a rising trend. The current market situation shows that 105,000 has become a crucial support point. Our current target price is set at 107,400 and 110,000, and these levels have not yet been reached. It is worth noting that Bitcoin is unlikely to easily fall below the important red trend line, as this trend line precisely connects key points such as 103,000, 104,400, and 105,000, forming a strong and reliable support trend line. This technical formation provides strong evidence for Bitcoin's resilience in the short term.