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#比特币市场分析 According to data released by Coinglass, there is a significant sell wall for Bitcoin above $105,000. This phenomenon is worth following, as it may become an important resistance level for Bitcoin in the short term. From a technical perspective, such concentrated sell orders usually indicate that market participants have a strong willingness to take profits at this price level. It is advisable to closely monitor the changes in Trading Volume around this price level, as well as the flow of large transactions. If this resistance is broken, it may trigger a rapid pump; conversely, if it cannot be broken, it may lead to a short-term pullback. It is currently necessary to remain cautious and wait for more on-chain data and market reactions to confirm the validity of this resistance level.