Technical analysis by Caramel0 about Symbol BTC: Buy recommendation (6/30/2025)

Hello fellow degenerates,Price held beautifully above 106.6k key level and is now attempting a test of 110.4k level. We are in a high risk zone as we do have a lot of levels that could initiate a reversal down, so ultimate caution is needed.- Price hit the target where a Wave 1 could be so I am looking for a possible retracement that would take us towards 103k.- In the most bullish scenario, both Wave 1 and 2 have been completed and price could just break above ATH and continue higher, but this is just wishful thinking.- Currently watching for a break above the Parallel channel resistance- Levels to Watch: 110.4k, 106.6k, 103.4k, 101k