BTC is currently trading around 106100. From the 4-hour market data perspective, the Bollinger Bands have opened and the price has dipped below the lower band. The MACD has formed a death cross at a high level and continues to point downwards, indicating strong short positions. However, the KDJ has shown an Oversold reversal phenomenon, suggesting a short-term Rebound adjustment is needed. The daily chart also indicates a bearish trend! Bitcoin is accelerating downwards, and it is bound to break below the 106,000 level, dipping to the key support at 105,000. If it breaks through, it will continue to dip further. SOL is in sync with Ether!