$BTC On the daily chart, 106000 is a key support level, and the price has recently seen a slight rebound here. The KDJ indicator shows oversold conditions, but it hasn't reached a signal that would justify entering a long position. Currently, these two small bullish lines do not indicate a trend reversal; there is not enough reason to go long at the daily chart level for now. We will continue to follow whether the support at 106000 holds.

From a short-term perspective, the 4-hour candlestick structure looks good, but the KDJ has entered the Oversold area and has begun to turn downward, indicating a possibility of a short-term pullback. If a bearish line is formed by midnight tonight, it would be more stable to consider intraday operations.
The current 4-hour structure is still in the process of the fifth wave, which does not conflict with the daily chart level. If the fifth wave successfully completes, the daily chart is likely to show a new bottoming pattern, such as a long lower shadow or a bottom formation. That will be the time for the buy signal resonance to appear. Overall strategy: patiently wait according to the fifth wave idea, and there is no rush to enter into contracts.

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