Currently, in the daily chart of Bitcoin, the 4-hour chart shows that the rebound momentum is converging. In the short term, the integer level of 100,000 still faces strong pressure. From past market trends, we can see that the coin price has been under pressure multiple times in this area. As for the dividing line between bulls and bears, if the coin price cannot stabilize above 100,500, it is better not to chase the price too aggressively. The daily Bollinger Bands show signs of contraction, with the high point located near 100,500. Currently, the bullish outlook is limited to a maximum of 101,000. However, in the short term, the hourly chart may experience a pullback in the evening. First, pay attention to 98,500; if it breaks through, then look for a pullback of 1,000 points.