Today is the last day of the week. After Bitcoin tested the lowest point around 98,000, it started a significant rebound.

The continuous rise over the past three days caused Bitcoin to rebound sharply after falling below 100,000, reaching up to around 108,200. This rapid increase was unexpected. Before it fell below 100,000, I was holding a short position, thinking there would be a period of adjustment after breaking below 100,000. I didn't expect the rebound to come so quickly.

The following days showed minor fluctuations, with the range not exceeding a thousand points, and the current international situation is slowly becoming more harmonious. Iran, Israel, and the United States have all announced a ceasefire. However, most people currently believe that this ceasefire agreement lacks substantial binding force and is merely the calm before the storm.

Tonight, Bitcoin surged upwards, breaking through to around 108,200. There is still considerable resistance above, and it seems to be continuing to test its resistance levels. After a wave of upward movement, it will likely begin to correct downwards. The resistance levels above are looking at 109,000 and 110,000.

The support levels below are looking at 107,000, 106,000, and 105,000. If 105,000 cannot hold, we will look further down.

The overall strategy remains focused on short positions. A rebound is an opportunity to short.