Odaily Planet Daily News Bitfinex Alpha Report pointed out: Bitcoin is still in a narrow consolidation range between $100,000 and $110,000. Market participants are waiting for decisive catalysts to determine the direction. The price trend continues to use the historical high of $109,590 set in January as resistance, while the short-term holder actual price (STH-RP) continues to support between $98,220 and $99,474. Although the price has rebounded from below $100,000 recently, the overall trend has stagnated, and the current market structure reflects a delicate balance: profit-taking pressure has eased, but the lack of sustained momentum shows that buyers are also hesitant.