From the 4-hour perspective: The indicators are gradually approaching the upper band of the BOLL indicator, and the BOLL opening is showing signs of narrowing, which often indicates that the price volatility will tend to converge, and a retracement trend is faintly emerging.

If the MACD indicator forms a death cross, and the histogram shifts from positive to negative or gradually shortens, it clearly indicates that the downward pressure in the market is continuously accumulating, and the short-term trend has shown signs of weakening.

Operation: 107500-108000 range

Target: Around 106000-106500 $BTC