The midday determination to be bearish on Bitcoin has rebounded after breaking through the 110,000 mark, showing a sideways fluctuation pattern, repeatedly consolidating and stabilizing, currently in a weak consolidation phase, with no success in rallying and only able to retreat. From the 4-hour chart of Bitcoin, after falling to around 104225 in the early hours of yesterday, it rebounded, reaching a high of around 106770 in the afternoon. It is crazily testing the bottom support; breaking the support level of 104200 is just a matter of time!

​Operation suggestion:

​Bitcoin near 107700-108000 as a range Target 106700 Defense 108200#币圈现状