$BTC opened the daily line below 108000, and has made three upward and downward movements in the 4H structure, forming a consolidation center between 91500 and 100000. Since the fluctuations have continued until now, it should be close to an end. The pressure at 100000 is relatively high. This 4H may not touch the upper edge of the consolidation center near 100000, as long as it has reached the upper edge of the consolidation center around 98000, this 4H can be considered complete.

On the daily line, from 108000 to 91500, the rebound levels are 0.382 (97949), 0.5 (99938), and 0.618 (101927). Currently, it has rebounded to 0.382, and the best rebound level is 0.618. However, if this position breaks through 100000, it will break the consolidation center, which has a high probability of continuing to rise, so I personally do not expect it to rebound to 0.618 (101927).

The previous 4H short position at 98000-100000 hasn't prompted an exit even if it falls to 91500, and there have been no losses so far. Based on the comprehensive analysis above, decide for yourself whether to stay or leave, after all, 0.5 (99938) and 0.618 (101927) may be reached, and it could even lead to a significant rise that results in stop-losses.

Personal opinion

4H Continue to hold. For those without positions, the 98000-100000 range is still a good entry point.

This is the fourth reminder to enter above 98000.

Daily line Long-term holding remains unchanged.