BTC has experienced a three-stage decline and is gradually losing momentum. It is currently in a daily support area and in the process of finding a bottom for a rebound. There are no bottom signals appearing at the lower levels for the time being, and it will likely oscillate multiple times to find the bottom. The first target for the rebound has been revised to 101600, and the second target remains around 107-108.

1) The last three small rebounds of BTC all died at the 1-hour MACD crawling to the zero axis, so they all belong to weak rebounds. There won't be any decent rebound until a pullback at the daily level is formed.

2) If the rebound exceeds 97520, it is considered that the bullish momentum has increased. If it cannot break through, there will still be downward pressure. The important resistance level on the 4-hour chart is 99700; if the rebound exceeds this, it will rebound even higher.

3) Small support points below BTC: 92400, 91400, 89600. The bottom hunting point is locked within a small range of 1200 points. The best way is to divide the bullets into 3-4 parts, placing an order every 333 points, and intensively buying.