On Thursday, the 6th, upward pressure persists, the Rebound continues.

The overall movement of Bitcoin yesterday did not show much space, basically maintaining a fluctuating rhythm. After a brief rise, the price continued to trend downwards. Last night, after reaching the lowest point in the 104100 area, a rebound correction occurred. In yesterday's analysis, Shan Jun remained bearish, as the market was not significant, and the potential gains were minimal. Currently, the market continues to weaken, so it is advisable to maintain a bearish stance in operations!
On the daily trend, the recent rhythm is volatile and downward, and the pressure is back after touching 112,000 in the early stage. In the short term, the K-line ended up in a negative again, the downward trend is obvious, accompanied by a rebound in the weak market, but in the end it is mainly a short belly, the same 4 hours after entering the short-term chronic upward trend again, any rebound in front of the trend is weak, so the rebound under the weak structure is an opportunity to short. 105300-105500 short, target 103000-102000 line
On Thursday evening, it is recommended to short Ethereum at 2620-2650, with a target focus on 2500-2400.