The BTC market over the weekend has been quite similar to what I mentioned. The price started to fluctuate significantly last night and this morning.

In the 4-hour timeframe, there has recently been a series of upward candlesticks, reaching a high of 108800 before slightly retreating, forming a short-term high-level fluctuation pattern. The previous low of 107250 serves as a key support level.

In the 4-hour MACD, the DIF and DEA formed a golden cross and then flattened out, with the MACD histogram shrinking to 3.40, indicating weakened upward momentum. A top divergence has appeared in the 1-hour timeframe. The 4-hour RSI is in a neutral to strong area, suggesting a short-term adjustment is needed.

Trading suggestion: Focus on short positions from high levels, shorting at 108500-108800 with a target of 107000. Stop loss at 1000u#BTC☀️ .