In the early hours, $BTC fell to 103800, maintaining a range of fluctuations for the past two days, the trend is in line with expectations. The four-hour K-line shows a bullish candle with a long upper shadow, indicating insufficient upward momentum from the bulls and strong suppression from the bears.
103400 is a key level for the bulls and bears to contest; if it breaks down effectively, the downward space may further open up.
Big coin midday operation suggestion: short in the range of 105200-105700, targeting around 103200.
