Bitcoin market analysis on the four-hour chart shows a heavy resistance level. As seen in the chart, the area around 108,000, which is the previous level of 109,000, has not been broken, and the market continues to form high candles and pull back. We mentioned yesterday that there would be two possible scenarios for the market. Now, a shape has emerged that creates the illusion of a strong upward surge, but the market needs to undergo a pullback adjustment, likely around the gap level of 104,000-103,500, and then 102,500. This recent rally was entirely due to news, specifically Trump announcing a ceasefire between Iran and Israel, which triggered positive sentiment, and is also a common method of market manipulation to catch traders off guard. Previously, there were nine consecutive bullish candles in the four-hour chart, and in the two-hour chart, there are clear signs of overbought conditions with selling pressure at 108,000 successfully halting further advances. The MACD is currently showing a dead cross and trending downwards, while the KDJ has opened downwards from the baseline. Tomorrow marks the weekend, and today we will see if the market can continue to extend downward, reaching the lower range of 104,000-106,500 to signal a potential reversal. It is best not to break below 102,000; otherwise, it will continue to extend downwards, as this segment started its rally from 102,500. Therefore, the current situation is for the market to move out; even if this level continues to rebound or surge, do not blindly chase long positions, as a sudden drop back down is very likely due to clear heavy resistance.