The price of Bitcoin is extremely strong, having recovered 101500 three times. Currently, the market is experiencing frequent changes between bulls and bears, making it easy to be liquidated when chasing the rise or fall; it is more suitable to take action at the top.

At present, it is difficult for bears to significantly decline directly on the four-hour level; high selling and low buying is more appropriate.

It is expected that Bitcoin will first experience a false breakout to the upside this evening, followed by a decline.

It is recommended to place short positions in the high range around 104500—105500,

with the initial target set at 102000, while aggressive traders can aim for around the 100000 mark!