Looking back at the morning, the Bitcoin market displayed a volatility pattern of first rebounding and then retreating: after a brief rebound to around 108500, it faced pressure and retreated, touching a low near 107400, and then entered a narrow oscillation and consolidation phase.

From the current market situation, after the bulls increased their volume and tested above the middle track in the morning, there was a rapid formation of an upper shadow line followed by a decline. Both upper and lower shadow lines appeared at the end of the trading day. In the Asian trading session, there was strong selling pressure above and strong buying power at the bottom, indicating that in the short term, there may be a game around the middle and lower tracks. Indicators show a bearish trend, with the market gradually testing the support of the lower track, and the bears are performing more strongly. In the afternoon, the operational strategy remains bearish.

Xiao Shiyi Lang suggests shorting Bitcoin near 108500, with a short-term target of 106000#美国加征关税 $BTC .