From a short-term perspective, the price is showing a fluctuating upward trend. Technical analysis at the four-hour level shows that the middle band of the Bollinger Bands at 108522 has formed an effective support level, with the current price stabilizing above the middle band. Meanwhile, the upper band of the Bollinger Bands at 110417 constitutes a key resistance level in the short term. Looking at the technical indicators, the red bars corresponding to the DIF line in the MACD indicator are gradually shortening, indicating that the current upward momentum is gradually weakening; the KDJ indicator has entered the overbought zone, suggesting a high risk of a price pullback in the short term. Based on the above analysis, it is advisable to adopt a high sell low buy operational strategy during the early morning hours. Nighttime big pie strategy: $BTC Big pie 109800-110300 range, target 107800, 104000