btc$BTC Short-term (1H-15M): Bearish dominance, but the 4-hour trend has not broken, caution is needed for a rebound.

Medium-term (4H): Bullish trend is not over, if it pulls back to 102,240.0, it can be considered a buying point.

Specific operations:

Short: Enter with a light position at the current price of 103,493.2, stop loss at 103,781.1, target 102,700.0→102,240.0.

Long: If the price stabilizes above 102,240.0 (4H support) or breaks above 104,085.0 (previous high), reverse and chase long, stop loss at 101,104.1.

Position management:

Short position ≤ 5%, Long position ≤ 10% (in line with the main trend).

If it breaks below 102,240.0, increase short positions; if it breaks above 104,085.0, increase long positions.

For strategy details, see the chart.