#加密领域市场回调 BTC recent trend observation: Rebound encountered resistance, short positions sentiment prevails

From the four-hour chart, Bitcoin's recent rebound clearly lacks momentum. Every time the price tries to surge upwards, it is firmly held back by the short-term moving averages and cannot break through at all. The technical indicators are not very optimistic either—KDJ has started to turn down from a high position, releasing a pullback signal; although the green bars on the MACD have slightly narrowed, it is still hovering below the zero line, and the short positions pattern hasn't really changed.

At the current position, I personally tend to favor a short positions strategy on rallies. If the price rebounds to the 104,000 area, it may be worth considering establishing a short position; if it continues to rebound to 104,500, that would actually be an opportunity to add to the position, but remember to set stop-loss to protect yourself.

Looking down, the first point of concern is around 102,000, which is a recent support level; if it breaks down, the next target will likely be 100,700.

In simple terms: the current rebound is an opportunity, follow the market rhythm, and focus on those key support price levels below.