We look at the four-hour chart to see that after the trend is completed, there is indeed a support level at 106500. So we initially hesitated here yesterday, and after the trend formed, the rebound just reached our expected position, resulting in a significant drop of 5000 points overnight. We can clearly see that after the strong bullish candle on the four-hour chart, there was a direct and powerful suppression that resulted in an upper shadow. The market experienced a sharp drop with a large bearish candle. Looking at the four-hour chart, the 102000 position held as support before reversing by over two thousand points. The MACD indicator shows a dead cross and is moving slowly, while the KDJ is opening downwards. The Fibonacci level shows pressure at 105300. Bitcoin breaking the 102000 level again has a high probability of falling below the 100000 mark, with a target in the direction of 97000-96000.

Fluctuating around 105300-105800 by one hundred points, looking down at 104200-103300-102000#加密市场回调