The four-hour chart shows that after a recent price drop, the cryptocurrency is exhibiting a trend of forming a W-bottom pattern, but there is still uncertainty about whether the pattern can effectively form. With smaller technical indicators recovering and moving upward, the market trend is expected to become slow, and in the short term, there may be an alternating rhythm of rises and pullbacks.

In terms of trading strategy, short-term intraday traders can pay attention to the support level of 103000 below, looking for opportunities to enter long positions, with targets aimed at 105000-106000.