In the recent four-hour cycle, the price of Bitcoin briefly rose sharply but then fell back, currently in a consolidation phase with relative balance between bulls and bears in the short term. From a technical perspective, the MACD indicator histogram for the four-hour cycle has turned from red to green, and both the fast line and slow line are still below the zero axis, indicating insufficient rebound momentum and an overall weak trend. However, it is worth noting that the price lows are gradually rising. If the key support level can hold, then after completing the bottoming process, it may reopen the rising trend. It is recommended to consider getting on board in the 105500-106000 range, with a target price around 108000.