Good morning everyone. According to today's market performance analysis, the price of Bitcoin continued to be under pressure and fell last night, reaching a low of 103300 points, and then began to rebound from the bottom. It is currently fluctuating in the range of 104000-105000. We seized the trading opportunity of this rebound, getting on board at 103529 and then exiting at 105215, successfully profiting 1686 points. The market fluctuates frequently, and it is recommended not to blindly follow the trend in trading, but to adhere to clear strategy analysis in order to grasp the market trend.

From the daily chart, after a continuous fall in the Bitcoin price, it touched a low of 102614 and began to rebound. After a period of consolidation, although there is a downtrend, the bottom support on the daily chart has become quite solid. The 4-hour chart shows that after a three consecutive bearish candles at the top, the price fell to 103300 and then started to rebound. It is expected to continue fluctuating upwards in the short term. The 1-hour chart indicates that the price sustained a downward trend yesterday afternoon with strong momentum, but there was a noticeable rebound in the early morning today, followed by a phase of consolidation. This aligns with our previous predictions that the price is correcting and building momentum in preparation for further increases.

It is recommended to consider getting on board for a long position in the 104500-104000 area during the afternoon, with a target price of around 106000 points; Ethereum can get on board in the 2520-2500 area, with a target price of around 2620 points.