BTC bearish operation in the early hours! After the 4-hour MACD death cross, bearish momentum continues to weaken but still prevails; RSI hovers around 54, not dropping into the oversold zone, indicating there is still room for decline. The current coin price has fallen below MA20 ($108,753) and is testing MA50 ($106,934). If it loses MA50, it could likely trigger an accelerated decline. It is recommended to short on rallies, placing short orders in the $106,500-$107,000 range, with a target initially at $105,600, and for the aggressive, it could go down to $104,500. #币圈