Due to Trump and Musk arguing at midnight, after breaking the 200 MA at 104,000 support, it has dipped near 100,000 and rebounded. Currently, the hourly line still leans bearish, and the daily line is also bearish. There is still a possibility of a rebound in the 100,000-98,000 range, but many people seem to be looking for a rebound at this level. My personal understanding is that it is possible to operate, but don't think of it as bottom fishing. According to the liquidation chart, BTC currently has ample liquidity for the bears above. If it rebounds near 100,000 to the 104,000-106,000 range and continues to face resistance and pull back, the daily line may form a head and shoulders top structure in the short term. In summary, one can look for a rebound in the 100,000-98,000 range, but if it does not break through near 104,000, continue to watch for a pullback.