$BTC This small rebound is just to let you cut losses early, the larger one is still ahead. The current price of Bitcoin is 103210. The wedge mentioned yesterday also broke through and then reached the position where support and resistance are swapped before starting to decline. Around 106500 on the hourly chart, several doji candles followed, and then there was a downward breakout. Doji candles generally represent market uncertainty, and any subsequent downward breakout still proves that the bears have taken control of the market. The hourly chart also reached the support level of the previous low, so there was a slight rebound. I have been mentioning that this round of rising is along the 6-hour Vegas channel, and now it has broken down. All cycles are bearish, so bulls need to be cautious. You can take advantage of rebounds, but it is not the main direction.