After the midnight big pie fell below the 99547 line and stabilized, it formed a rebound pattern. Currently, the big pie is rising to around 103800, showing a volatile correction just below the previous high point of 104000, which is under pressure for adjustment. This rebound further demonstrates the strength of the bulls, very powerful, providing over four thousand points of space. Although the space is substantial, from the 4-hour chart, it has not rebounded past the previous high point of 104000, and the trend remains dominated by bears. Looking at the daily chart, if the price rebounds and breaks through the 104 level, it will increase the choppy style of the market, testing the second resistance level around 106500. At that time, we will consider chasing the continuation of the bulls. Currently, based on the 4-hour chart trend, both around the 1040 level and below are our short entry points. If the price stabilizes above the 104 level, we will flexibly apply based on smaller time frame patterns and structures, with all operations focusing on real-time conditions. In the early morning, we continue to follow the trend, and the rebound remains bearish.

The big pie can be shorted at 104000-104300, targeting around 102000; Ethereum can be shorted at 2360-2380, targeting around 2250. #加密市场回调 $BTC