Currently, the small level of $BTC has opened a callback, with highs continuously moving down and lows also declining simultaneously.

The strong support level below remains at 105000, as mentioned yesterday. It is important to note that only if the hourly close falls below 104800 and cannot recover, the market is likely to continue downward.

From a daily perspective, the overall trend is still in a rebound. The support layout for long positions still has a high cost-performance ratio.

Near the range of 104800-105000 for buying, with targets at 106300, 107000, and 108200.