The current intraday trend of Bitcoin shows a clear short positions control the market trend, with the market's risk aversion sentiment significantly increasing. Observing the hourly technicals, the price continues to be pressured near the middle band of the Bollinger Bands, with the downward trend line continuously adjusting downwards, while the 103000 point area has become a strong resistance level in the current market.

In terms of technical indicators, the J line in the KDJ indicator has once again shown a signal of turning downwards, which usually indicates that the downward pressure may increase in the short term. At the same time, the MACD indicator shows that the rebound from around 100800 has not brought enough trading volume support, and the rebound strength is relatively limited.

If Bitcoin cannot hold above the 103000 point level, then breaking through the critical psychological support level of 100000 is likely just a matter of time. Currently, it is advised to consider a short positions strategy at the 102600 level, targeting 99600. Be sure to manage risks and set a stop loss at 1400 points to protect the position.