Big Pancake Aunty K-line pattern shows continuous bearish candles in the daily level, indicating a clear downward trend. In the 4-hour cycle, recent K-lines have formed multiple long upper shadows, indicating heavy selling pressure above, while the lows continue to decline. In terms of technical indicators, both DIF and DEA are below the zero axis in the 4-hour cycle and continue to diverge downward, enhancing bearish momentum. $BTC $ETH

Bitcoin, the daily chart has been continuously bearish, and there are short-term signals of decline, but it does not yet constitute a reversal!
In terms of technical indicators, the daily chart has just touched the MA30 moving average support and made a recovery action, indicating that the bulls are trying to regain control. However, one thing is clear, whether from a technical perspective or fundamental perspective, the factors supporting the rise still truly exist, so further buying on dips is still necessary!
It is recommended to buy Bitcoin near the range of 103700 — 104300, targeting 107000 — 108000, with a contact number of $BTC .