The BTC market is currently in a volatile trend. Attention can be paid to the pullback strength in the past few days. Although it won't drop significantly all at once, it will also show a downward trend.

On the four-hour level, 108000 has formed a short-term high point resistance. If it cannot break through, it will maintain a bearish pattern.

Support level: Pay attention to the 103500-104500 range for defense during the day. If it breaks down through 103500, it may accelerate the drop towards the hundred thousand mark.

Key risk: If the hundred thousand mark is lost this time, it will turn into a valid breakdown, different from the previous spike rebounds.