Everyone says bearish

I still see a rebound

$BTC

🕯️ Spike structure review (this morning's trend):

• Lowest reached: 100780, creating a new low for the phase;

• Subsequently quickly recovered to above 102000, forming a preliminary V-shaped bottoming structure;

• This spike was not a slow breakdown, but rather a "sharp drop + rapid recovery", clearly accompanied by a large number of short positions taking profits & long positions testing the waters.

I plan to close my position above 103800

🔍 Current trend judgment (combining 1H + 4H structure):

1-hour line

Rebound is in progress

An upward channel is initially forming, but lacks volume confirmation

4-hour line

Oversold rebound is ongoing

Currently in the first phase of the rebound, with resistance levels at 104000~104800

Daily line

Emotional repair phase after breaking down

Need to regain above 10600+ to discuss trend reversal