<ul><li>Crypto analyst Daan Crypto Trades warned that Bitcoin's swift breakdown could lead to a broader pullback if bulls fail to reclaim the range.</li><li>Recovery Scenario or Local Top? Daan highlighted that a bounce and range reclaim could signal bullish momentum, but without a reversal soon, a move toward the low $100,000s is probable.</li><li>Macro Pressure From Equities: Daan mentioned that Bitcoin's recovery might hinge on stock market stability, as equities' bearish momentum could hinder BTC's climb.</li><li>Caution Prevails: Bulls face a crucial test around $106K, shaping Bitcoin's near-term outlook in the midst of market fluctuations.</li></ul>

Bitcoin Slips Below Key Support as Bulls Face Crucial Test

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