Waking up feels like the sky has fallen. Bitcoin was at #BTC 103800 yesterday, I directly took profit at 102680, just checked and it dropped to 101000, successfully sold at the peak, now my legs are broken.

Currently, Bitcoin's resistance is at 102200, 103000, 103800, with support at 101400, 101000, 100500.

The market trend is bearish, continue to focus on short positions. If it rebounds to 102000-102800, I will gradually open short positions, aiming to take profit around 101100. For those wanting to go long, wait for it to drop below 101000 first; currently, I do not recommend placing buy orders.

The crash in the early morning is still related to the conflict between Israel and Palestine. If the conflict does not have a good resolution, don't expect a strong rebound in the market anytime soon. There will be small rebounds, but it won't reverse unless the war ends.