The Bitcoin market has once again demonstrated its sensitivity to geopolitical events. Recent fluctuations in the situation in Iran have triggered significant fluctuations in the market, with the price movement showing characteristics of "ups and downs."

From a technical perspective, Bitcoin's price has broken through the short-term downtrend line, providing support for the bulls. Analysts generally believe that at this stage, adopting a low buy-in strategy may be wiser.

Key support levels are mainly concentrated around 104,000 and 102,800. These two price points present potential buying opportunities, and it is advised to set the stop-loss below 102,800. If the price confirms at these support levels, bulls can set their targets around 106,100 and 108,800, the latter coinciding with a long-term descending trend line.

It is worth noting that for traders who establish short positions around 106,100, it may be advisable to gradually close positions near the aforementioned support level to manage risk.

Overall, the current Bitcoin market shows certain signs of a technical rebound, but investors still need to closely monitor the potential impact of global situation changes on the cryptocurrency market. When making trading decisions, it is advisable to consider multiple factors and operate with caution.