Bitcoin experienced a pullback yesterday, and after a day of decline, it must rise again; once it rises, it will inevitably fall, and if it falls, it will surely rebound. The recent drop in Bitcoin has not broken below 106,000, so it will likely go up again;

The increase the day before also reached the top of the weekly horizontal range, so it's expected to drop to the bottom of the horizontal range. Those with patience should continue to wait, and if the position is not good, do not force it!

Today, pay attention to the 107,700 position for a rebound. Only if it stabilizes above this position can we consider the 4-hour level pullback to be over and the market to continue rising;

Personal trading advice: first look at the breakout situation. If it breaks below 106,000, consider entering in the 104,700–105,400 range, targeting 108,000;

If it does not break below, then positions can be set above 106,000, targeting the 110,000 mark!