According to Mihir (@RhythmicAnalyst) on Twitter, the $106,000 price range has been highlighted as a key support zone for Bitcoin. This level is critical for traders to monitor, as maintaining support above this zone could indicate continued bullish momentum and offer buying opportunities on dips. Conversely, a breakdown below $106K may trigger significant selling pressure and impact overall crypto market sentiment. Traders are advised to closely watch price action around this level for informed decision-making (Source: Mihir, Twitter, May 27, 2025).