Bitcoin has now also pulled back to the position of 104400. This position is a support level for Bitcoin. If it holds, the market direction remains bullish. Although the fluctuations are quite uncomfortable, it is still manageable for spot holders.

Yesterday, news impacted Bitcoin significantly, causing it to pull back by several thousand dollars. If this position is broken, pay attention to the support level at 98000, and it may even drop to fill the gap at 92000.

In the short term, focus on the support at 103000. The closer Bitcoin gets to the position of 100000, the stronger the support. Once it breaks below, it will indicate a different trend.