From the four-hour perspective of Bitcoin, yesterday's positive news did not stimulate the market to break new highs, and the rebound only reached the previous resistance zone. During the day, the price around 105000 fell back again. On the one-hour chart, the price continues to oscillate within the range, and the upper resistance structure has not been broken. Maintain a bearish outlook for the day.
Reference position: 103600 short, target 101600, stop loss 1000 points $BTC $ETH
