BTC is showing a falling trend, dropping from the high point near 110600 all the way down to the lowest point around 104500, and is currently stabilizing in the vicinity of 105688.2.

In the short term, after experiencing a rapid decline, there is a rebound in the short term. The flat bottom pattern of the candlestick suggests strong support in the 104500 area below, but the overall trend is still dominated by bears. The RSI indicator shows that the price may have recovered after entering the oversold area, and the MACD indicator, although it shows that the bears are dominant, has signs of a short-term rebound and may be about to enter the shock repair phase. There is also some room for the rebound of the morning tips! Bounced off 104500 to 106300. There is also a good room for profit! At that time, the pressure above the rebound was greater, and then the pie focused on the 104500 support, and the break continued to look down at the 102000-100000 line.
Evening thoughts
BTC rebounded to the 106500-17500 line short, looking down at the 103000-102000 break to continue looking at the 100,000 mark!
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