#btc

Weekly Level (W1)

Bearish expectations remain unchanged

Current market structure still favors bears

Daily Level (D1)

Key resistance level: 108318

Trading strategy: As long as the price does not effectively break through this resistance level, maintain a bearish outlook

Current judgment: The current price area may form a temporary top

4-Hour Level (4H)

Resonates with the daily outlook

Observation points: The highs of the last two K-lines are effectively suppressing

Trading signal: If the price cannot break through the previous high, then the bearish logic holds

Comprehensive analysis conclusion:

Technical basis:

Multiple timeframes show consistent bearish signals

Key resistance level has not been broken

High suppression pattern is effective

Trading strategy:

Maintain a bearish direction

Risk control: Use the area above the key resistance level as a stop-loss reference

Target expectation: Specific downside space needs to be confirmed in conjunction with the daily closing pattern

Risk warning:

Be cautious of the possibility of the price breaking through the key resistance level

The daily closing pattern will determine the intensity of the bearish momentum