Market Analysis
BTC is currently fluctuating in the range of 103,000 - 106,000. Since the peak of 112,000, the trend has been bearish.
Short-term rebounds may consider short positions, while long-term strategies can focus on trend positions.
The current sideways movement is a typical continuation of a downtrend, not a bottom signal. After the fluctuations end, it is highly likely to continue downward, with the primary target looking at 100,000.
Operational advice: Continue to hold yesterday's short position at 106,500.
