Today, the bulls fought hard to break through, rising all the way to 108700. However, from the current market pattern, it seems that the bulls' advantage may be difficult to maintain for long.

A comprehensive analysis of technical patterns and market sentiment indicates that there is a hidden risk of reversal in the market. As activity decreases during the night, it's possible that the main funds will take the opportunity to initiate a sharp decline. By the morning session, the price is likely to enter a phase of consolidation. After all, this has always been the strategy of the manipulators.

Bitcoin: Short in the range of 108900-109500, target at 107000, looking long-term at 103000, and everyone should maintain strict defense.