Weekend Pancake Analysis:
Bitcoin rebounded strongly after yesterday's decline, closing with a long lower shadow. The large trading volume indicates that buying pressure is still relatively strong, but the rebound met resistance at the 20-day line and is showing clear short-term resistance, with bears in control. It may continue to test the 102,000 support level.
Short at 106,000-106,500, target 104,000, 103,000