Crypto analyst Sherpa has identified potential resistance levels for Bitcoin (BTC) between $106,000 and $109,000, predicting a short-term pullback in trading activity. The technical chart illustrating the price surge shows areas of reversal from earlier range formations. Volume spikes during recent upward movements indicate increased market volatility. Sherpa believes that while this volatility presents an opportunity for traders to buy into dips, any correction could signal another buying chance rather than a sign of a trend change. He emphasizes the need for cautious trading near these resistance levels and advises investors to stay observant as they anticipate the extent of the potential pullback.