Currently, Bitcoin is facing pressure near the middle track, with short-term upward momentum appearing weak. Overall, it remains in a technical rebound phase within a bearish trend. If it fails to effectively break through the resistance above 106,000, it is likely that the market will continue to fluctuate and weaken. The MACD remains in a death cross state, with green bars continuing, indicating that the overall bearish trend has not changed. However, the low-level golden cross signal suggests there may be a possibility of a short-term rebound. Despite signs of a short-term rebound, it is still recommended to maintain a bearish outlook and consider positioning at highs.

Bitcoin near 106000 🈳, looking down to 104000$BTC $ETH $SOL