$BTC The Unbeaten Path: The Eternal Legend Across the Battlefield
On the smoke-filled battlefield, he is the fearless commander who conquers cities and captures strongholds; in the fiercely competitive arena, he is the peak king who is invincible. Every victory is a perfect symphony of wisdom and courage, and every conquest is the ultimate expression of will and skill. His existence has long transcended the mere outcome of winning or losing—transforming into a spirit totem that never gives up, becoming a guiding light for those who pursue excellence. And now, the legend continues to be written: measuring the world with an indomitable will, and scaling new heights with the demeanor of a king! In the early hours, the price reached a high of 106234 before quickly retracing to around 106199 for consolidation, followed by a rebound to the 106054 line for fluctuation, currently under pressure around 105500, overall showing a trend of rising and falling, perfectly validating the strategy of high positions.
From a technical perspective, the 4-hour level is still operating within a downward channel. The long upper shadow in the early hours indicates heavy selling pressure at the key resistance level of 106500, with MACD showing a death cross and operating below the zero axis, while RSI weakly hovers below 50. The moving average system presents a bearish arrangement that suppresses rebounds. Key resistance to watch is in the 106500-107000 area, with support below at the psychological level of 105000 and the previous low at 103800. It is necessary to be cautious; if there is a strong breakout above 107000, the strategy needs to be adjusted. The current market dominance remains bearish, and rebounds represent good shorting opportunities.
Trading Suggestion: Gradually build short positions in the 105500-106000 area, with a stop-loss above 107000, targeting down to 104500-103800#Solana质押型ETF