From the current market perspective, Bitcoin has rebounded after a high but has not effectively broken below key support levels. Supported by the four-hour moving averages, it has rebounded and recaptured the pressure around 107000. Currently, Bitcoin continues to oscillate above the mid-line, with the lows being raised and the highs also continuously increasing. Overall, it remains in a choppy range-bound rhythm. During the day, the focus remains on treating the pullback lows.

Bitcoin is around 1055-1060, looking for 1080-1088.

The market changes rapidly, so refer to the current situation and remember to manage risk properly.