$BTC Bitcoin rebounded after dropping to around 100700 last night, peaking around 103000 before continuing to pull back. This position is just at the 1-hour resistance level, so it is reasonable that it did not break through and instead pulled back. The low point for bottom-fishing last night, where I told everyone to sell, was at 102100 and 103000, which basically met expectations.

Currently, the short-term resistance above Bitcoin is still at 103000, with support below at 101500 and 100700. Watch for a pullback to 100000; if it breaks through this level, the bulls should not maintain their positions. The operational suggestion is to gradually buy on dips below 101000 to take advantage of rebounds, and be sure to sell at the rebound highs.