Btc Market Analysis

1: Support at 102833, 101900, can go long, stop loss at 100700, 100700 is the daily neck line support, if it breaks, a daily double top is established, and a major downtrend begins.

2: A rebound that breaks and stabilizes above 106730 on the 1-hour chart can reverse the 1-hour downtrend.

3: Currently, Bitcoin is at a weekly top divergence, referencing the weekly double top in 2021, in the later stage, the higher it goes, the more it will be sold, mainly short on rebounds, can short above 106730.

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