Bulls are Back Major Support ReclaimedBitcoinCRYPTO:BTCUSDTradeMingBTCUSD Market Analysis: BTC BTC has shown a strong rebound in recent sessions, successfully reclaiming the major support at $108,000, which had previously acted as a critical breakdown zone. This reclaim confirms a clear shift in short-term momentum, indicating that buyers have regained control after a deep corrective phase. The structure now shows price stabilizing above this reclaimed support and testing the next resistance cluster. Currently, BTC is trading around $111,000, sitting within a key Support/Consolidation range between $110,400 – $110,216, which is acting as the immediate holding base. Sustaining above this zone will be essential for maintaining bullish pressure, as it serves as the first structural demand level after the breakout. The next immediate upside challenge lies between $112,828 – $113,000, marked as the 1st Resistance zone. This area represents a prior breakdown level and is likely to attract short-term profit-taking or seller interest. A clean breakout and sustained close above this level could open the path toward the 2nd Resistance at $114,175, where the market may briefly consolidate again before attempting to expand further. The broader upside target for this structure sits within the Target Range between $117,158 – $117,000, aligning with the top of the recent corrective structure. This zone represents the next potential liquidity sweep area if buyers continue to maintain strength and push the market through the intermediate resistance layers. On the downside, immediate supports are layered below at $109,264 (2nd Support) and $108,011 (Major Support Reclaimed). Any move back below $108,000 would invalidate the short-term bullish sentiment and could shift the tone back toward a neutral-to-bearish bias. Overall, BTC’s structure shows healthy recovery momentum with clear signs of reaccumulation after the $108K reclaim. The focus now remains on how price reacts around the $112,800–$113,000 zone — a decisive breakout here could confirm the next leg higher toward the $114K and $117K targets. 🧭 Summary: Major Support Reclaimed: $108,000 – $108,011 2nd Support: $109,264 1st Support / Consolidation Range: $110,400 – $110,216 1st Resistance: $112,828 – $113,000 2nd Resistance: $114,175 Target Range: $117,158 – $117,000 Market Tone: Bullish bias; reclaim of $108K confirms strength. Bias: Bullish above $110,200; neutral below $108,000. Key Focus: Reaction around $113,000 resistance — breakout continuation could extend to $114K and beyond, while rejection may lead to a retest of $110K support.