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Good morning, yesterday's BTC market completed a surge in the morning and maintained a fluctuating pullback pattern throughout the day. Since it is a stage of long and short transition, the adjustment strength in the first stage is relatively weak. This morning, it started to rebound due to support from the daily chart. From the structure, it is expected to show a fluctuating rebound pattern during the day today, and after the rebound, there may be a second downward adjustment. The adjustment space for the next swing trading will be relatively large, but pay attention to the strength of the rebound during the day; it must not break through 108200, otherwise the market will end the adjustment and strengthen again. The short-term pressure is in the range of 107500.