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The true trading range for Bitcoin is between 97K and 109K.
This is a critical point — whether it can break through directly affects whether it can hit new highs next. If Bitcoin stabilizes here, ATH is not far away. Conversely, once it breaks below this level, the situation will become complicated, and concerns about a bear market will start to surface.
The trend in the next few weeks will be decisive; the way it moves will essentially determine the tone of the entire cycle.