Bitcoin has sharply dropped and is currently rebounding, with the price around 104800, situated at the tail end of a local downtrend, attempting to rebound, but has not formed an effective reversal.
The overall structure is weak, looking for a triangular breakdown; during the day, we first look for adjustments and then a further decline.
In terms of operation, one can participate in short-selling within the range of 105500~106000, with a stop loss at 106900.
