Bitcoin daily perspective, yesterday's large bearish candle established a downward trend. The current price has effectively broken below the middle support of the daily Bollinger Bands, and the overall trend has turned bearish. Key support structures were consecutively breached yesterday, leading technical indicators to emit clear bearish signals; the core support below remains around the previous low of approximately 100600. Observing the 4-hour chart, the price has rebounded back above 104000, but faces resistance. MACD bearish volume continues to be released, and although the short-term KDJ shows signs of being oversold and a slight turning point, if it effectively loses the 104000 level during the day, a continuation of the downward pattern is likely unavoidable.

Short sell near 104100, target around 102100.