币界网报道:Bitcoin surged 9% in a sharp rebound as it approaches a key technical confluence zone near $108,000, signaling potential bullish momentum. Analysts note the rally follows a period of consolidation, with the cryptocurrency testing critical support levels before breaking upward. The move coincides with renewed institutional interest, as major funds increase exposure to BTC amid macroeconomic uncertainty. On-chain data shows rising accumulation by long-term holders, while exchange reserves continue declining—a historically bullish combination. Traders are watching the $108,000 level closely, where multiple Fibonacci extensions and historical resistance converge. If Bitcoin sustains above this zone, technical analysts suggest the next major target could be the all-time high near $125,000. The rally comes despite ongoing regulatory scrutiny in the U.S. and mixed signals from traditional markets.