After Bitcoin dipped to a low of 100700 in the early morning, it began to recover. The four-hour chart shows three consecutive bearish candles after a rise, with the price hovering near the lower Bollinger Band. The MACD momentum bars are shrinking, indicating intense battles between bulls and bears. As the pullback upward pressure is significant, it is advised to focus on short positions.

Bitcoin: Short in the range of 102500-103000, targeting 101500-101000.