At the beginning of a new week, the Bitcoin market is showing a volatile pattern, which aligns with expectations from the weekend. From a technical perspective, although the MACD indicator remains in the positive territory, the bearish bars are continuously shrinking, indicating that the bullish momentum is gradually weakening. If the MACD forms a death cross, it could lead to a significant increase in bearish strength.

Currently, market observers generally believe that the price of Bitcoin may undergo a new round of adjustment around 110,000. In the short term, the two key support levels of 107,000 and 105,000 may be successively broken.

Investors should closely monitor market trends and manage risks effectively. It is worth noting that the cryptocurrency market is highly volatile, and investment decisions should be based on comprehensive analysis and individual risk tolerance.

As market sentiment changes and various factors come into play, the trend of Bitcoin may experience unexpected fluctuations. Keeping a close eye on the global macroeconomic situation, regulatory policies, and technological developments is crucial for understanding and predicting the future trend of Bitcoin.