Bitcoin quickly rebounded after a sharp decline and is currently consolidating above a key demand zone. What we are seeing is that there are no signs of continuous panic selling in the market, and each wave of decline has been gradually absorbed and digested.

This trend indicates a signal: after leveraged positions are cleared, the market is in the process of bottoming out and accumulating.

If Bitcoin can cleanly break above and hold the 100k to 105k range, market sentiment and capital momentum will quickly shift. At that point, the follow-up space for mainstream coins like Ethereum, Solana, and others will also open up. The key still depends on whether this price range can effectively support the market.