The downward trend of Bitcoin has initially established, with strong support at 103,000 points, and the market is still testing repeatedly;

After four consecutive bearish candles on the four-hour chart, there was a strong rebound, but the decline has not been recovered, and the bullish momentum is insufficient; The MACD fast and slow lines have just turned below the zero axis, and no golden cross has formed, with the histogram decreasing in volume, indicating weak rebound momentum;

On the daily chart, it is suppressed by the middle band of the Bollinger Bands, and the doji candlestick pattern shows fierce competition between bulls and bears, with no unilateral trend;

Personal trading advice: range trade between 105,200 - 105,800, short-term target at 103,000, if it breaks down, look at 101,600, and 100,000! $BTC