$BTC The decline here is clearly greater than the previous pullback range during the consolidation trend, turning into a 4-hour pullback (the red trend line has become the first green trend line).

The pullback range here happens to be near the Fibonacci 50% level of the 4-hour pullback, and the support here is also right at the high point support on the left side. This indicates that the market highly recognizes the support effect at this position. After the 4-hour pullback starts, you can basically continue to go long during the second wave.

Intraday support: 10700-107900