$BTC 4-hour cycle dominated by bulls, but momentum in the short term (1 hour and below) is weakening, caution is needed for a pullback.

Entry suggestion:

Bulls: If the price re-tests the support level of 105,156.8 (Liquidation Shorts Low) and the 1-hour RSI > 50, a small position can be entered.

Bears: If the price breaks below 104,115.2 (Support Level 2) and the 15-minute MACD shows a death cross, a short position can be tried for the short term.