BTC is currently on a three consecutive bearish trend in the four-hour timeframe, with the candlestick pattern showing a head and shoulders top beginning to weaken. The indicator data shows a need for a pullback. Focusing on the one-hour timeframe, after experiencing a significant bearish candlestick drop, the downward trend has eased somewhat. The lower Bollinger Band has provided strong support for the price, prompting a rebound. However, the KDJ indicator's three lines have formed a death cross pattern, and the MACD indicator values have entered the negative zone. This series of signals indicates that the overall market trend remains bearish.

Bitcoin is around 107200🈳, with a downward target of 105000$BTC $ETH $SOL .