Good morning! The midnight BTC trend is not much different from yesterday's white plate, both showing a pattern of probing high and pulling back. In the early hours, the price once again reached the line of 107971 and quickly fell back. This shows that the upper resistance is quite strong, and the short positions are powerful. The highs have started to gradually lower compared to before, with the lows descending to around 106500. In the future, it may show a震荡下行姿态.

Observing the four-hour K-line pattern, although the BTC price ratio shows a brief shift from bearish to bullish, it is very likely a trap to lure buyers in a short positions trend. Last night, it appeared to dip and form a long lower shadow "stop-loss" pattern, but in reality, it was a false bottom signal deliberately created by the main force, laying the groundwork for further suppression of the price ratio. Analyzing from a market-wide perspective, the current fluctuation and repair of BTC is by no means a sign of bottoming out and stabilizing, but rather a buildup in the short positions trend. The price oscillating around the Bollinger middle band is essentially a dying struggle of the bulls under the pressure of the shorts. On a technical level, although there is certain support at the 106500 line currently, the effectiveness of this support is precarious under the macroeconomic context. Once the critical support level of 106500 USD is breached, there will be no strong support points below, and the BTC price ratio may begin a waterfall-style decline.
BTC near 107200-107500, targeting a drop to 106000
Ethereum 2420-2440 near the pump target looks down at 2320#BTC ，