This is the BTC four-hour price chart

Short Position Layout

Currently, BTC has clearly formed a head-and-shoulders bottom. If it does not break through the resistance level at 106722, there is a clear target for a pullback. You may consider setting up a medium-short position to short, with the target around the support level of 104068 for exiting the trade.

Long Position Layout

At present, the focus is still on short positions in the medium-short term. If it drops to the support level around 104068, you can directly set up a long position for a medium-long term entry. The first target can be around the resistance level at 106722. If it breaks through, you can reduce your position and continue holding with a target near the upper resistance level of 108852 for profit-taking and exiting.

The above is my personal opinion! If you like it, please follow me, and feel free to comment and discuss!

Investing involves risks, and trading should be done with caution!