The big coin lacked upward momentum yesterday, and the trend line on the 4-hour level has been broken. It can be said that the 108200-109500 range has a 60% probability of being the top of this rebound. There are also signs of volume increase and price stabilization on the 4-hour chart, with a MACD death cross at a high position. Although the red volume bars have not increased significantly, an increase in volume is inevitable. Any subsequent rebound is an opportunity to short. If it really breaks above 108200, the pressure is at 108480, and the upward space is also limited.
The big coin will either see a drop of ten thousand points or a rise of ten thousand points. Based on the drop of ten thousand points, 98200 will definitely be broken. A perfect bullish AB=CD model at 97500 on the daily line is expected, but the probability of reaching this level this month is low. There are still 4 days to close the monthly and quarterly lines, and the close will not be very ugly. Support is forming near 104900, and it will continue to rebound near 107000, but breaking below 100000 is only a matter of time.