Recently, the price of Bitcoin has tried to break upward again, but faced resistance from the descending trend line. This critical moment has caused market participants to pay close attention, as the direction of Bitcoin in the short term is about to be revealed. If it can successfully break through the trend line, it may pave the way for Bitcoin to reach new highs. However, if it fails to break through and falls back, investors need to closely monitor the support level around 100000.

Currently, multiple technical indicators are converging, including trend lines, Fibonacci retracements, and changes in trading volume, all of which are outlining a clear market picture for investors. The comprehensive analysis of these indicators will help in assessing the upcoming trend of Bitcoin.

Currently, the market is at a delicate balance point. A breakout or a pullback could trigger significant price fluctuations. Investors are holding their breath, waiting for this critical moment to arrive. Regardless of the outcome, this will be an important turning point for the Bit market, deserving close attention from all cryptocurrency enthusiasts and investors.

In this time filled with uncertainty, it is especially important to remain calm and rational. Every fluctuation in the market contains both opportunities and risks; deeply understanding market dynamics and maintaining objective analysis will be the key to success in this volatile market.