From this 4-hour Candlestick Chart, BTC's price fell from a high of 115,831.7 to a low of 103,428.0, followed by a rebound, but then fell again. The current price is around 108,194.7, and the short-term moving averages (MA5, MA10) show a downward trend, indicating the possibility of further decline.



If you want to operate, from a short-term perspective, if the price falls below the key support level of 108,000, it may continue to test the previous low near 103,428.0. At this time, you can consider shorting on rallies, for example, establishing a short position around the level of 108,500, with a target towards 103,500. Of course, there is uncertainty in market trends, so strategies should be adjusted in conjunction with more factors and real-time changes.
BTC-5,05%
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