Yesterday, BTC rose steadily and showed a strong rebound in the evening, briefly touching the 109100 level. After a short breakout above 109000, it quickly retraced, finding support around 108500, and then entered a range-bound fluctuation.

Analyzing the current market, on the daily level, the highs are gradually decreasing, with the candlestick pattern alternating between bullish and bearish, continuing the trend of a downward fluctuation. The bulls have attempted to push upward multiple times but have not achieved an effective breakthrough. From the hourly level, the volatility of the market is gradually narrowing, and the contest between bulls and bears has entered a heated stage. The resistance at 109600 is strong, and until we break through this resistance level, we will maintain a bearish outlook. The strategy for the morning session can continue to adopt a high short strategy.

Operation Suggestions
BTC Rebound 109200 - 109800 nearby short, look down at 108000 - 107200
Auntie Rebound around 2630 - 2660, looking down at 2550 - 2500.

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