Yigit Taha OZTURK 
The crypto market is moving cautiously but not without key technical signals. Traders are closely watching Bitcoin‘s price action on short-term charts, and recent movements are giving subtle yet important clues.
Resistance Holding Firm
In the 4-hour timeframe, the previously mentioned 108,791 USD resistance level was tested. However, there was no convincing breakout, and Bitcoin faced rejection. This indicates a lack of strong bullish momentum for now.
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If Bitcoin manages to close above 108,791 USD, the next potential target range could be 111,000 – 112,000 USD. Until then, the market may remain range-bound.
Support Levels To Watch
On the downside, the nearest support zone lies between 106,622 and 105,725 USD. A drop below this range could lead to further corrective moves, while holding above might invite fresh buying interest.
A decisive move, preferably backed by volume, is needed to confirm a trend direction. Without that, price action may continue to fluctuate within a narrow range, frustrating both bulls and bears.
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