The price of Bitcoin is accelerating downwards, expected to fall below the $106,000 mark and may test the $105,000 key support level. If this support level is breached, the price may continue to dip to lower levels. Currently, short positions above $110,000 can be maintained, but the downward targets need to be adjusted accordingly.

If the price can stabilize above $107,200, the short positions strategy can still be maintained; when the price falls to the range of $104,800 to $105,300, one can consider establishing long positions, with target price levels near $106,000 to $106,500, and it is necessary to closely monitor market trend changes.