On the technical side, Bitcoin has pulled back to around 105000, reaching a short-term support level. The RSI indicator shows a rebound signal in the oversold zone, and the range-bound oscillation pattern remains intact, indicating clear rebound potential; currently, taking long positions at this low level aligns with range trading logic. It is necessary to avoid chasing highs and selling lows, and to enter and exit quickly to capture short-term fluctuations.
For Bitcoin around 105000, short term target 106500
