The four-hour chart shows that the price is racing closely along the upper Bollinger Band, demonstrating strong momentum for a short-term rebound. However, being near the upper band also warns of an overbought market, facing short-term correction risks. Therefore, a calm analysis of market changes is needed, and it is suggested to look for a slight rebound before targeting lower levels.
Bitcoin: around 108000, supplement at 108400, looking down to 106300-105200