Currently, BTC's four-hour rhythm shows that the price has broken through the high-level consolidation resistance level. This morning, the price faced pressure and fell back at the 106800 level. In the short term, there is still some resistance around 107000, and looking at the one-hour chart, it is not ruled out that a double-top structure may form and pull back from here. The daily outlook remains bearish.
Reference points: Short at 106300, look down to 103900, defend 1200 points. #BTC
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Currently, BTC's four-hour rhythm shows that the price has broken through the high-level consolidation resistance level. This morning, the price faced pressure and fell back at the 106800 level. In the short term, there is still some resistance around 107000, and looking at the one-hour chart, it is not ruled out that a double-top structure may form and pull back from here. The daily outlook remains bearish.
Reference points: Short at 106300, look down to 103900, defend 1200 points. #BTC