Currently, the market shows that after a deep pullback, Bitcoin has entered a phase of consolidation. As we approach the weekend, market sentiment is clearly cautious. Today's weekend fluctuations are limited, but we still need to be alert to the risk of a second bottom testing. We need to wait for effective stabilization, which requires confirmation of divergence and resonance in the MACD, and we can treat the pullback bottom accordingly. In the past three days, the US market is closed, so operations can focus on the range.

Pay attention to the area around 106500-107000 below and 109000-109600 above.

Market conditions change rapidly, so please refer to the current market situation and remember to manage risks well.