The pancake rose to around 109700 in the morning but encountered resistance and fell back. The K-line indicators show a decline in bullish momentum, RSI and KDJ indicate weakening bullish advantage, and MACD shows a death cross intensifying the pullback pressure;

On Monday, continue to be bearish. A rebound to the range of 109500–110400 can be a good entry point for shorts, with a short-term target of 107000. If it effectively breaks down, look towards 105000, 100000! $BTC