The market in the past few days has been fluctuating around 100,000, gradually forming a range of oscillation, with longs and shorts pulling back and forth.
From the current market analysis, the price is in a high-level consolidation and correction. At present, 103,000 is under significant pressure, and it is difficult for Bitcoin to effectively break through in the short term.
The market has attempted to break through this price level multiple times, but has quickly retreated each time. However, the bullish forces have once again gained momentum, indicating that the bullish energy remains strong, and subsequent breakthroughs of the resistance level are just a matter of time.
Considering that today is the weekend, trading is quiet. Initially short then long during the day, directly short Bitcoin at 102,100, with a stop loss at 103,000, and a target below at 100,500.