From the 4-hour level trend of Bitcoin, there is a short-term peak divergence adjustment, and the K-line starts to rise and fall, but there is long-term moving average support below, and its MACD is still some distance away from the zero axis. Therefore, the pullback space is limited, at most stepping back on MA120, which is around 106000. After adjusting and accumulating momentum, BTC will continue to hit the previous high of 109000 or even 110000