The dividing line for the nighttime market of Bitcoin has been adjusted to 105200. The bullish and bearish strategies and summary are as follows:

- Staying above 105200: 1-hour level confirms rebound. The upper resistance levels are 105900 (first resistance of the day), 106780 (high from 4 hours ago), and 107740 (key daily resistance). Breaking above 107740 may lead to a target around 108500.

- Break below 105200: Rebound structure invalidates, the market turns to a pullback. Support levels below are 103870 (first support of the day), 103030 (Bollinger Band lower track), and 102050 (daily strong support zone). Losing 102050 may lead to a drop to 101200.

Summary: 105200 is the short-term bullish-bearish strength dividing line. If it holds, the bulls are dominant; if it breaks, it triggers a pullback. The operational suggestion is to use this point as an anchor; if it retraces without breaking, a small position can be tried on the long side (target 105900). If it breaks, look at the short side (target 103870), with stop-loss set 500-800 points above and below the dividing line, and confirm the effectiveness of the breakout with candlestick patterns and volume.$BTC #BTC走势分析