From the daily chart perspective of Bitcoin, the K-line continues to oscillate downwards. Currently, the K-line has fallen below the MA30 and is in a suspended state. The lower pullback should focus on the significant threshold of 100,000. Generally, the possibility of breaking below 100,000 on the first retest is relatively low. Therefore, if it can hold the 100,000 level this week, a rebound is expected subsequently, at least aiming to challenge the resistance level of 104,000. In another week or two, its MA60 will rise to around 100,000, enhancing support strength.