Reviewing the early morning Bitcoin market, currently the Bitcoin is in a rebound state after a pullback. After the pullback at around the 105200 line in the early morning, it quickly rebounded to the current level. This indicates that the bearish force is still relatively insufficient, and the bears have been quickly recovered by the bulls.

From the four-hour level, after the Bitcoin price tested the mid-track resistance without success, it quickly rebounded again, indicating that the mid-track resistance capability is very strong, and the bearish force is currently unable to generate waves. At present, the Bollinger Bands are opening upwards, with all three tracks showing an upward trend, proving that the bullish trend is still quite strong. In the morning layout, we will continue to maintain a strategy of buying low and selling high.

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