$BTC

In the four-hour candlestick chart, the alternating appearance of bullish and bearish candles clearly demonstrates that both sides are engaged in an intense struggle. Currently, the market has not achieved an effective breakthrough at either the upper or lower key positions, and a one-sided trend has yet to form. Although the pace of price rebound is relatively slow, it has already preliminarily released signals of an upward trend.

Switching the perspective to the 15-minute level, we can see that the price has successfully broken through the middle line of the Bollinger Bands, and is maintaining a fluctuating state near the upper line of the bands. Meanwhile, the opening of the Bollinger Bands is showing an upward trend, indicating that bullish power is quietly accumulating and may soon launch an upward attack.

When the price pulls back to the range of 103000 - 103850, consider going long, with an upward target looking towards 105000 - 106500.