The overall trend of Bitcoin is upward, but on a smaller scale, it has not yet stopped falling. Although the short-term price has retreated and touched the support near 108,000 without breaking it, the rebound strength is relatively weak. Therefore, I think there will be a trap to lure shorts, and on a smaller scale, it will continue to pull back downward. After touching near 108,000 again, it will accelerate to dip down to around 107,500, then quickly recover and start a rebound. So, the short-term buying position can be chosen near 107,500.