Bitcoin rose yesterday but did not break through the key resistance of $105,000. Today it is expected to oscillate repeatedly, with a high probability of staying in the range of $10100-$105500, while temporarily heading down to $99,700.

On the hourly level, MACD has shown multiple top divergences, and RSI is close to being oversold. Currently, the focus is on $103624, where buying pressure is expected to push it upwards; testing $105000 is basically required. In the short term, it may find support at the double bottom neckline (about $102,600-$102,800), which is suitable for short-term long operations. $BTC