The current Bitcoin market is showing a continued oscillation trend. Although some positive signals have emerged recently, the overall trend still leans towards a fall.

Although the price chart shows a rounded bottom pattern and a strong rebound with consecutive large bullish candles at the bottom, this upward momentum has not persisted. The coin price has failed to maintain strong upward momentum and instead shows signs of weakening. In this case, a price pullback is foreseeable.

It is worth noting that the candlestick chart frequently shows upper shadows at high levels, which usually indicates that the rise is encountering strong resistance, a negative signal for bullish investors.

Currently, the market has clearly shifted to a downward trend. Investors should pay special attention to the key price level of 106000, which may become an important support or resistance level in the short term. Based on the current market situation, maintaining a bearish outlook in the short term seems more prudent.

However, the cryptocurrency market is ever-changing, and investors still need to closely monitor market trends and timely adjust their strategies. At the same time, attention should also be paid to risk management, and not to put all eggs in one basket.