The current K-line has entered a high-level consolidation stage, where the forces of both bulls and bears are in a stalemate in this area, resulting in significant uncertainty in future market trends. Observing the daily level trend, the price pattern seems to be forming a double top structure, which is a classic reversal pattern that often indicates a potential change in trend. There are obvious signs of a turning point in the indicators, and a death cross signal is about to form, further confirming that bearish forces are accumulating, significantly increasing the probability of a downward adjustment in the short term.

Therefore, in the subsequent period, if Bitcoin remains in the range of 104500-104000, one should seize the opportunity to short, with a target price set around 102000.