The market is showing a fluctuating pattern today, with the US and Hong Kong markets closed in the morning, leading to a calm market that continued until the evening. After entering the evening trading session, the price of Bitcoin began to show a slow downward trend. According to Technical Analysis, when the price reaches the 104350 point, it indicates that the downward trend may continue by 500 to 800 points. The latest data shows that the price has reached a low of 103870. This round of downward movement has directly pushed the amplitude by 1100 points. Investors who enter short orders at high positions should cautiously manage their Positions and follow the advancing amplitude, adjusting strategies in response to market changes.