The rebound high point (resistance) of BTC today:

110653-98115 = 12,538

12538*0.5 = 6,269

12538*0.618 = 7,748.484

98115+7748.5 = 105,863.5

Last night, it just happened to pull back to around 0.618. So today, the maximum pressure for BTC during the day is right here. It pulled up 6500 points overnight, so a pullback is inevitable. Now looking at the 1-hour level, it has formed a death cross, so let's wait for a pullback. Now that the European session has switched, it has started to pull back. If you are hesitant to short at today's high, you can wait to enter long at the 0.382-0.50 level on the pullback. If the market is to go above 108000 in the future, then a pullback to 10.3-10.2w needs to hold firm.

Pullback to the 0.382 level: 106050-2484 = 103,566

Pullback to the 0.50 level: 106050-3251 = 102,799

Pullback to the 0.618 level: 106050-4018 = 102,032 (to be an alternate)