BTC is temporarily affected by news, causing the price to accelerate downward, resulting in a one-sided waterfall.

Currently, it is a small-scale rebound market, and the probability of a direct V-shaped reversal is very low. After the small-scale pullback, it is highly likely that it will need to retest downward, as generally, after a significant drop, there will be a second test.

Next, pay attention to the upper resistance lines of 103500 and 104000. If it can't break through or stabilize, then short positions can be considered.