Bitcoin (BTC) is currently maintaining a consolidation pattern, with a 4-hour range between a bottom of 103300 and a top of 109000. Near the bottom, a short long position can be attempted, but if the resistance level of 106100 is not effectively broken, the downtrend remains unchanged. It is advised to look for short positions on rallies. Last night, it gradually fell 6000 points from the 109000 mark, and there is currently active bottom fishing in the Asian session, but caution is needed as the European and American sessions may see a sell-off in the evening.