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Looking back at the morning, BTC's market showed a pattern of first rebounding and then retracing: after a brief rebound to the 108500 level, it encountered resistance and retraced, touching a low near 107400, and then entered a narrow range of oscillation and consolidation.
From the current market perspective, the bulls made a strong attempt to test above the middle track during the morning session but quickly retracted with an upper shadow and moved lower. Both upper and lower shadows appeared at the end of the session, and in the Asian market phase, selling pressure from above and buying strength from the bottom were both strong. In the short term, the market may fluctuate around the middle and lower tracks. The indicators show a bearish trend, and the market is gradually testing the support of the lower track, with bears performing more strongly. In the afternoon, we will still maintain a bearish outlook.
Xiao Shiyi Lang suggests shorting Bitcoin around 108500, with a short target of 106000#GT 2025第二季度销毁 #Gate VIP理财送茅台 #特朗普关税