#比特币 Currently, Bitcoin is in a rebound and consolidation position around 105,000 USD after the sharp drop on the morning of the 13th, fluctuating within 1,000 USD. The price has not yet shown short-term directional guidance. In fact, everyone is more curious about where BTC's next movement will head. The expert believes that based on the current market dynamics, there are no signs of continuous active buying. The halt in price decline is merely a temporary pause in selling. Some retail investors are attempting to buy at the bottom, leading to some price increases, but there has not been a continuous influx of funds. Therefore, regarding the upcoming increase, the expert sees little substantial basis for optimism.

Looking at the upcoming actions, the expert believes that the price still has further downward movements to continue the bearish trend. The current price dynamics should be viewed as a temporary top. This process involves a top-side fluctuation that consumes selling pressure, with prices repeatedly rising and falling to maintain price advantage using buying sentiment. Therefore, it is completely normal for prices to suddenly show vitality and induce buying.

Regarding market entry participation, due to the current short-term state being in a relatively small fluctuation, it is not very suitable for direct involvement. Considering that before a sell-off occurs, to lead the market's buying sentiment, there will be a wave of upward movement to create a bullish atmosphere. In terms of operations, it is recommended for everyone to enter short positions in the range of 107,000 to 108,000, with a stop loss at 109,300 USD. For the short term, look at 105,000 and 104,000, while for the medium term, look at 102,500 USD.$BTC