The following is an analysis of key levels for Bitcoin contracts based on the latest market dynamics and trading strategies, integrating technical analysis, on-chain data, capital flow, and the impact of macro events in July, to help you seize short-term fluctuation opportunities:
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### 📉 **1. Key Level Analysis**
1. **Core Support Area**
- **$106,000-$107,200**: A strong support zone tested multiple times in June, coinciding with the 20/50-day moving averages ($106,144/$104,162). If breached, it may trigger long stop-losses, looking down to $104,000.
- **$103,000-$104,000**: Mid-term
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