Bitcoin Approaches Critical Magnet Zones with Potential Rebound or Sharp Drop

Two magnet blocks have been identified at the bottom, which must be taken into account. The levels are approximately 103530 and 101760. The options are either to close (which would be more reliable and ideal with a rebound upwards) or to go strongly upward, which would align with the Wyckoff accumulation and a zone of imbalance. Wyckoff patterns are favorable and a gift, but trusting only gifts is risky; therefore, these zones are considered as potential areas for a pullback. Essentially, setting limit orders is advisable if there is an intention to buy. Until the price breaks above roughly 106500, the market remains bearish, and all previous movements should be viewed as retests, with unsuccessful retests being beneficial. The hourly timeframe is currently at 100% stochastic, which often indicates a sharp decline to zero; whether this will occur this time remains to be seen. Caution is advised—don't lose composure.