After setting a new all-time high, a large negative column appeared at the daily level, which means that a large number of holders chose to sell BTC to take profits. Therefore, we need to be alert to the risk of further decline! Based on this possibility, I still hold a small short position.
Yesterday, the long orders held near the overlapping support area of 108,000 were reduced by 80% when they reached the blue resistance line. After moving up the SL, they were touched and the orders were automatically closed. It was also a good profit band.
There is strong resistance near 110,000. Only if it breaks through here and stabilizes, can we see further rise.
There is a support effect near 105,000. Only by holding here can we have a chance to rise further.