The current market presents a typical pattern of alternating bullish and bearish trends, with both sides engaged in a fierce tug-of-war, resulting in an overall volatile movement. From a daily perspective, there is a continuous arrangement of bearish candles, and multiple doji patterns have appeared, with small candle bodies indicating that the market is in a regular consolidation phase.
Yesterday ended with a bearish candle, reflecting the current market's lack of momentum for a one-sided trend. On the four-hour chart, the price repeatedly displayed a pattern of dipping and rebounding, with lower points gradually rising, indicating some support strength. However, the key resistance level above has not been effectively broken, making it difficult for the price to form sustained volatility in the short term. Overall, this morning continues the volatile approach, and maintaining range trading is sufficient.
In terms of operations for Bitcoin, during the Asian session, focus on high selling and low buying around the range of 104200-105300.