Bitcoin's recent trend has been frequently influenced by news. Yesterday, the court halted the tariffs, causing the market to rebound; early this morning, the tariff news came back unexpectedly, and BTC was instantly slammed back to 106K. According to the liquidation chart and support structure, BTC may oscillate in the range of 103000-120000 in the short term. If it falls below 101400, it will open up greater downward space. The short-term suggestion is to test with light positions, focusing on the defense situation at 101400, as a drop below could trigger a long squeeze.