**[Analysis: Potential "Best Hitting Zone" for Short Traders May Appear as BTC Enters Trend Decay]** BlockBeats News, September 29 – On-chain data analyst Murphy stated that BTC is temporarily finding support around $108,000 in the extreme pricing range of MVRV (Market Value to Realized Value ratio). This data reveals two key points: 1. After BTC's second attempt to break through $117,000 failed on September 18, it confirmed the end of the four-month upward trend that began in April. 2. BTC's price movement is showing signs of trend decay and has entered the next pricing channel, with the price fluctuating between the yellow line and the green line. For traders who have been waiting on the sidelines, a potential "best hitting zone" may emerge. The analyst believes there are two possible scenarios for the future price movement: - BTC may continue to oscillate within this channel. The lower support level remains the green line, currently around $108,000, while the upper resistance levels are $113,000 and $117,000. The $113,000 level is particularly critical as it represents the average cost line for short-term investors holding for less than three months. - If Bitcoin fails to break through the resistance levels, the price range may downgrade again during the next pullback, entering the range between the green line and the blue line. This analysis is for educational and informational purposes only and should not be considered as investment advice.