Market sentiment is cautiously bearish, focusing on the $106,000 support level.

--・Verified Binance official account

AI Summary

Market sentiment tends to be cautious, and investors need to pay attention to the support level of $106,000. If it falls below this price, the downward trend of the market may be accelerated.

According to a report by Deep Tide TechFlow, macro analyst Adam from Greeks.live pointed out in a Chinese community briefing released on May 26 that market sentiment leans towards a cautious bearish outlook. The price of Bitcoin failed to hold its new high, raising concerns among investors. A large number of long positions have been liquidated, and the important support level of $106,000 to $107,000 is under scrutiny. Most believe that a drop below this level will accelerate the downward trend.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

1,08,301.01

-1.10%

Market sentiment is cautiously bearish, focusing on the $106,000 support level.

Latest News