This morning, BTC experienced a wave of significant price increase, reaching a new high at the position of 106665. From a smaller timeframe perspective, this wave of increase seems to have peaked, and a tendency for a pullback has emerged, so it is not advisable to chase the highs at this moment.
The upcoming trend will be BTC's pullback; after a significant price increase, there is typically a normal pullback. The support range to watch below is 103000~102500. If BTC effectively defends this level, it will continue to rise; if it breaks below, consider shorting.