$BTC

After a sharp decline at high levels, the market started to fluctuate narrowly over the weekend.

A huge gap is left above on the daily chart. As for when it will be filled, we can get a hint by observing the performance of the Asian market early next week.

In the evening until tomorrow's pre-market session for the U.S. stocks, there is a possibility that a short covering action may begin, followed by some small-scale fluctuations and rebounds, especially as certain institutions urgently need to save themselves.

The bearish structure on the 4H level is obvious, and the subsequent strategy is to rebound with short positions until the negative sentiment is completely released again.


Resistance above: 114600/116400/117500


Support below: 109600/108000/107400/
#btc