BTC is currently trading around 106100. From the 4-hour market data perspective, the Bollinger Bands have opened and the price has dipped below the lower band. The MACD has formed a death cross at a high level and continues to point downwards, indicating strong short positions. However, the KDJ has shown an Oversold reversal phenomenon, suggesting a short-term Rebound adjustment is needed. The daily chart also indicates a bearish trend! Bitcoin is accelerating downwards, and it is bound to break below the 106,000 level, dipping to the key support at 105,000. If it breaks through, it will conti
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