Morning Thought Analysis

Recently, after a price surge, it has maintained a high-level fluctuation. Yesterday, it touched the resistance level around 105800 and fell back. After dipping to 100700 in the early morning, it experienced a slight rebound, currently running near 103100.

Although bullish momentum shows signs of recovery, it lacks effective upward stabilization momentum, and the short-term trend remains weak. On the four-hour timeframe: the upward fluctuation pattern has been broken, and a downward trend has been initially established; we need to be cautious of further downside risks. The strategy should primarily focus on short positions, with key resistance around 105000. If the rebound meets resistance, consider placing short orders; initial support is observed in the 100000-101000 range, and if it breaks below, further downside should be considered.

Trading Suggestions

Bitcoin: Short near 103500, target 101000-100000#BTC走势分析 $BTC