From the hourly K-line trend, the current BTC price is in a high-level consolidation phase. Multiple attempts to break through the key resistance level of 108500 have been ineffective, indicating that the bearish forces continue to dominate, and the downward trend is likely to continue. In terms of technical indicators, the KDJ indicator has formed a dead cross again, releasing a clear short-term pullback signal. Friends who entered around 108200 should pay attention to the area around 107800. #BTC #ETH