The price of Bitcoin has now reached an important resistance level near 106,000, where there is a phenomenon of pressure and stagnation in this area. Investors may consider shorting the position at the current location. If the price pulls back, it is crucial to pay attention to the support range between 104,200 and 104,700. If it stabilizes in that range, it is recommended to reduce position to take profits. If it further declines, the next profit target is near 102,500. In terms of risk control, it is advisable to set a stop loss of 1,000 points to protect the position. The market still exhibits significant fluctuation, and investors should closely follow the price movement changes and flexibly adjust their strategies based on real-time market conditions.