From the four-hour chart, the rebound triangle range shows a contraction and oscillation. Yesterday, it stabilized above 102,000, and today it remains in the middle to lower range of oscillation, with a meandering and repetitive rhythm. However, the momentum is insufficient for sustainability. After the rebound, attention should be paid to the strength of the mid-track resistance above, and there is still a possibility of short-term peaks and pullbacks.

The current market is in a tug-of-war oscillation, like two armies facing each other, neither yielding. For the short term, observe the game in this range. The strategy should be to sell high and buy low to cope with the oscillating market.

Operation suggestions:

Bitcoin around 104,200-104,500, target 105,200, defense 103,700.