Currently, the price of $BTC is in the range of 108000-109000, experiencing short-term sideways fluctuations, approaching the key resistance level of 109000.
Technical analysis shows that the price has reached the seller's area, and historical data indicates that this area often triggers a reversal downwards, with current momentum showing signs of weakening.
The 4-hour chart shows a retracement trend, and the RSI is close to overbought, suggesting a possible short-term pullback.
Afternoon trading suggestion for Bitcoin: open a short position in the current price range of 10800-109000, with a stop loss at 109500, and a target of 105000.
