From the chart, we can see that the upward surge reached a high point of 106500 but was significantly suppressed. The MACD convergence golden cross did not keep up. The KDJ is opening upwards, and overall, as the second brother mentioned, it has been maintaining above the upward trend line. As long as this position does not break below the chip area, which is between 104000-103300, it will be a consistent buying point. Bitcoin will continue to look upwards to 109000, or even a new high position. The daily line has closed with a solid large upward candle, and what we refer to as the five-wave movement is the first rebound upward target that has already reached the 106500 position.
106500-106000 fluctuates one hundred points down to 105200-104400-103600
105300-104800 fluctuates one hundred points up to 106500-107500-109000