Bitcoin is strongly reversing, currently oscillating at a high level
Current MACD shows a death cross, indicating a short-term need for a pullback; be cautious when chasing long positions
Two potential scenarios:
1. Direct decline
The market weakens, continuously declining; pay close attention to the support area of 104500-105500. If it stabilizes after a drop, consider entering long positions
2. Double top expectation
Form another swing high, preferably achieving a false breakout above the previous high to gain bearish liquidity, followed by a rapid decline and a double top reversal
From the current market performance, I personally lean towards scenario two, that is, the double top expectation; the likelihood of forming another swing high is greater
