After experiencing significant fluctuations, Bitcoin's price has entered a phase of narrow oscillation. It is fluctuating within a range of two thousand points, compared to before. This trend should be a blessing for those who do not like to have defensive points, as in such a trend, as long as one is not heavily invested, there will be no liquidation regardless of the direction taken, and it is favorable for exiting positions.

Now at the four-hour level, after the price dipped below the middle track, it has consistently maintained a position between the middle and lower tracks. Whether it was a bottoming out yesterday or a peak, there has been no continuation, indicating that the price still needs time to convert space, allowing more funds to enter before deciding on a direction. However, from the market perspective, the price is currently at the bottom, so it is certainly expected to see a rebound. Even if there is a decline, the bottom space is not too large, so overall, the focus remains on looking for bullish opportunities on pullbacks.

For the lower reference, consider buying in batches around 106700-107000, targeting the 109200 level. The points are for reference only; specific operations should be based on real market conditions.

Follow the public account, "What can relieve worries? Only Jiang Wei."

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