The battle between bulls and bears for Bitcoin has not yet ended; we need to closely observe whether the bearish counterattack momentum can continue!

Although the overall trend is still leaning towards a tug-of-war, it is important to note that the market is currently operating near the key position of the middle band of the 4-hour Bollinger Bands. The effectiveness of this technical support will become a short-term barometer!

From the structural pattern assessment, the current bullish rebound still falls within the scope of a secondary level technical correction. It is recommended to remain patient and only set up short positions after the price forms an effective stabilization signal at the upper resistance band!

Bitcoin midnight suggestion:

Short at the rebound of 105350-105850, targeting the lower range of 102500-102000!