Midday Analysis

The daily line has broken below the mid-track bull-bear boundary, resulting in three consecutive bearish candles. After five consecutive bearish candles at the four-hour level, a brief rebound has led to another three consecutive bearish candles, with the bears continuing to increase volume, showing signs of fatigue. It is highly probable that it will subsequently test last week's low near 100300. Ethereum is also under pressure and may test the support at 2379.

Short-term indicators: RSI/KDJ show that the oversold condition is being corrected, with expectations of a rebound. MACD has initially shown green bars, but the volume is insufficient, limiting rebound momentum. Combined with the 'Three Red Soldiers' pattern, the probability of short-term upward fluctuations is relatively high, but there is significant resistance above. In the afternoon, it is suggested to look for short positions after a rebound.

​Trading Suggestions:

Bitcoin​ near 104600-104900 Target 103600 Stop-loss 105100#币圈现状