The small-level BTC pullback is very strong, surprisingly reversing directly in a V shape. However, the price has touched the resistance line again, so pay attention to whether it can break through and stabilize. It is also under the pressure of the trend line from the highest point down. Once it breaks through and stabilizes, the market will resume its upward trend.

However, from the current small-level perspective, I am more inclined to see a downward pullback before starting to accelerate upward, so I do not recommend chasing the rise. You might consider trying to short again at the resistance line, expected in the 105000-106000 range.