Bitcoin has recently experienced wide fluctuations, rising sharply to 107700 last night before falling back, not breaking below the support at 106300, currently around 107000; high positions were taken profit yesterday.
From the daily perspective, the rebound surged and then fell back, with a long upper shadow and lower high points, indicating a bearish dominance, consistent with the daily review. During the day, it is advisable to short on rebounds and set a good take-profit target. On the 4-hour chart, the price is consolidating at a high level, with the Bollinger Bands narrowing, and the market is oscillating at a high level. The weekend is slow, with light trading. Operate with a range-bound mindset, focusing on shorting on rebounds while using longs as a supplement!.
Suggestion:
For Bitcoin, around 1074-1079 🈳, with support at 1067-1063.