In this form of Bitcoin, whether bullish or bearish, it is easy to be liquidated. Short at the top range, go long at the bottom, and then take action; doing so in between is just asking to be cannon fodder.

The most important thing in this market is not to get caught up in structures. Small-scale triangular fluctuations and a four-hour bearish cycle falling directly is relatively difficult; just high sell and low buy will suffice.

I personally lean towards an upward false breakout followed by a downward drop, forming a four-hour second bearish divergence, so just wait to go long at the bottom of the range.

Today's operation suggestion: Short at the rebound above 106300, targeting around 104500; wait to go long below 104300, with targets at 106300 and 107500! $BTC