Now observing the 4-hour level, a double top is forming above, and upon touching the upper track, there was an exchange of bullish and bearish movements. Yesterday, upon hitting the upper track, an upper shadow was formed, indicating that the bulls are somewhat fatigued. It will be quite difficult for a breakthrough to new highs in the short term; we can first observe the trend's oscillation pattern.
The target for Bitcoin remains unchanged from yesterday's thought; a rebound near 11000 can be considered for a bearish outlook, with a target around 108300.
