The morning of Friday remains volatile. After breaking through 105800 on Monday, the trend has not continued to break through, and the attempt to extend into the 106000 area has proven insufficient, indicating that pressure still exists. Currently, it has been maintaining a range-bound consolidation, and although there have been multiple upward attempts, there has been no breakthrough at the key pressure points. In this oscillating rhythm, the more times the top is tested without a break, the higher the probability of a decline.
In the past few days, there has been constant tugging back and forth within the range, accompanied by a certain washing-out sentiment. Overnight, the pattern remains oscillatory, and upward pressure is still present. For today, the focus remains on shorting. The high point of 105800 is unlikely to be tested today; we will see if there is a certain forceful rebound in the U.S. session. During the day, it should still be a time for adjustment. Support is concentrated around the 101500 area, with upper pressure at 104800. In the short term, we will first look for a round of adjustment, and after it settles, we will consider going long!
Today is Friday, and if the market breaks out, it is likely during the U.S. session, so everyone should try to lighten their positions as much as possible!
Bitcoin morning recommendation: rebound in the 104300-104800 area! Target at the 102800 area, continuation is 101500! #比特币 $BTC