1. $BTC market is consolidating around $105,000–$106,000 after defending the $100,000 support level.
2. Bitcoin is trading in a short-term horizontal channel, with resistance near $107,300.
3. Short-term technical indicators suggest a negative or neutral outlook, with sellers slightly more aggressive than buyers.
4. Market sentiment is in the "Fear" territory, indicating caution among retail investors despite recent price recovery.
5. Recent price stability is partly due to improved U.S. macroeconomic conditions, which may increase global risk appetite.
6. Bitcoin shows resilience by holding major support, but breaking above $107,300 resistance is crucial for a bullish trend.
