Regarding the analysis of the trend of Bitcoin tonight, I cannot say whether the market makers will continue to rally or what, but this sudden surge indeed encountered significant resistance above. Bitcoin is around 104,000, consolidating and retracing, continuously correcting. Currently, Bitcoin seems to have formed a gradual downward trend. In the short term, on the 15-minute level, it is still above the support level of 102,300, showing potential for a breakout. The probability of a future rally is still quite high, and shorting should not be taken lightly. From today's market perspective, Bitcoin retraced from 104,000 to just above 101,300. The effective support is actually at 101,570, and then it continues to rise, breaking through the important support of 102,300 and then continuing to hover and cycle upwards. Each time the bottom is retraced, it breaks through the top, and the bullish forces are still very strong.

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