BTC, from the four-hour chart, BTC is in a fluctuating downward channel, with the current price around 105,500. The resistance level above is in the range of 106,000 - 106,500. If the resistance is not broken, the upward momentum is limited, and short positions may be considered.
For the MACD indicator, if the price rebounds to the vicinity of the resistance level and the MACD does not form a golden cross or shows a top divergence, it can be taken as a short signal.
Short BTC at 105500-106000, target 103000!
