Bitcoin's price movement yesterday continued to face resistance after breaking through upward. It briefly dipped to the 10300 level before stopping the decline. Fortunately, it did not break below that level, allowing it to rebound. Otherwise, the market would have no more support. After testing the bottom again, it continued to bounce back, and currently, the price is fluctuating around 102300. The price trend is now in a consolidation phase, with many opportunities for both bulls and bears.

On the four-hour chart, the Bollinger Bands are opening downward, and the candlesticks are staying near the middle to lower band. To break through, the price must surpass and stabilize above the middle band resistance. Fortunately, the indicator in the chart has shifted to a bullish volume expansion, but it is not yet a solid breakout, indicating an upward trend. However, the trading volume is insufficient to support a sharp rise, and there are signs of short-term tug-of-war and consolidation. Therefore, intra-day, the outlook remains optimistic for a rebound on dips.

It is advisable to consider buying in stages around 101600-101300, with a target near 105500. These levels are for reference only. If there is profit potential, partial profit-taking and gradual position adjustment are recommended.