Yesterday, Bitcoin fluctuated upward but failed to break through the 109 line and fell back, which also validated the previously mentioned selling pressure range of 108-109. Currently, after a series of rising candles, a large bearish candle has retracted, and at the hourly level, it has broken below the middle track. The overall downward trend has formed. Now, we are looking to see if the support level of 106000 can be effectively broken.

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