According to @trader_XYZ, Bitcoin bulls should look for price action to compress near recent highs, aiming for a potential sweep above the $107,000 level before consolidating. Maintaining support above $105,500 is crucial; a loss of this level could signal short-term risk for bullish traders (source: @trader_XYZ on Twitter). These dynamics suggest traders should monitor for a breakout and sustained consolidation to confirm momentum, as failure to hold $105,500 may impact crypto market sentiment.