Today is the last day of the week. After testing the lowest point at around 98000, Bitcoin has started a significant rebound.

On the technical indicators, the 4-hour MACD histogram continues to shrink, with the fast and slow lines gradually converging, indicating weakening momentum, and the market is entering a consolidation phase.

On the daily level, the MACD is still below the zero axis, and the bearish strength has not completely dissipated.

It is recommended to short Bitcoin in the 108300-109000 range, with a target near 105000!