#巨鲸动向 4 Hourly cycle shows Bitcoin is in a technical correction phase during a pullback, but the overall weakness remains unchanged. If the price cannot effectively stabilize above the resistance level of 106,000 USD, it may test the support level of 100,000 USD again; if this support is broken, the space below may further open up. In terms of operations, a cautious approach is recommended in the short term, and a light short position may be considered near the resistance level during a rebound, with strict stop-loss settings.