Bitcoin has formed a rebound pattern. From the current daily trend, after a prior unilateral rise, it has encountered a short-term decline, which has continued and changed the previous upward structure. The overall trend has weakened, and after a series of consecutive down days, there was a brief correction, but the strength of the rebound is relatively small, and the weak structure has not been effectively changed. It's advisable not to chase after rising prices easily. The 4-hour chart shows a volatile downward trend. After breaking previous highs, it has faced pressure and retraced. Although there has been a rebound during the decline, ultimately, it was still absorbed by bears, and the strength of the second round of rebound is also relatively small. Therefore, during this second wave of downward movement, it is advisable to continue to adopt a short-selling mindset during rebounds!

Bitcoin around 106,000 🈳, looking down to 103,500$BTC $ETH $SOL