Evening Analysis on May 27:

Bitcoin fell to around 107,500 in the morning, then it fluctuated upward and is currently hovering around 109,600, cautious in chasing long positions.

From the four-hour perspective, after the morning drop, Bitcoin broke through the middle track, the Bollinger Bands are narrowing and leveling off, and the MACD fast and slow lines are converging, with bullish volume decreasing.

Trading suggestion: Short near 109,700-110,500, target 108,000-106,000.$BTC