The overall trend of Bitcoin is a bit chaotic, with fluctuations up and down. However, it still appears to be in a range-bound trend at the moment, with neither the upper resistance nor the lower support levels being effectively broken. Moreover, the range is getting smaller. Currently, in the market, the two curves of the MACD indicator are about to form a death cross moving downward, and the three curves of the KDJ indicator are also showing a downward trend. Various signs indicate that bearish forces dominate the market.

Bitcoin around 105500 🈳, looking down to 103000$BTC $ETH $SOL