Bitcoin, Morning Analysis

1: #BTC The big coin started to crash at the high point of 109000 yesterday, reaching a low of 103300 last night, falling 5700 points from the high, then rebounding from 103300, with the highest rebound reaching 105200 before pulling back, and the lowest pulling back to 104200 before continuing to grind. Currently, the big coin is hovering in the range of 104000-105200. In the short term, it is unlikely to break below 103300 quickly; at least it needs to consolidate first.

The resistance above the big coin is at 105200 and 106000, while the support below is at 104000 and 103000.

Trading suggestion: If the big coin rebounds close to 106000, it is advisable to take short positions primarily; set a stop loss above 106500, and take profit at 104000-103000.