#波段交易策略 Psychological Defense Line: 103000 points serve as an integer threshold, attracting a large number of retail investors' bottom fishing buy orders​

Technical Support: The 50EMA (102850 points) on the 4-hour chart forms a short-term moat​

Capital Ambush: On-chain data shows that a giant whale has placed a $50 million stop-loss buy order in the 102900-103100 range​

Bearish Offensive Formation​

Sniping Point: 3000 BTC sell orders (worth $310 million) are accumulated above 103000 points​

Fire Support: The open interest of put options at CME futures at 103500 points surged by 47%​

Intelligence Reconnaissance: The funding rate for derivatives soared from -0.02% to +0.05%, suggesting that bulls are paying high financing costs​