Pancake Today's Market Tracking

Long Liquidation Zone: Located between $95,500 and $96,400. This means that if the market price breaks through the upper limit of this range, it may trigger a large number of long positions being forcibly liquidated, thereby exacerbating the upward price trend.

Short Liquidation Zone: Concentrated between $92,400 and $93,500. Once the price falls below the lower limit of this range, it may trigger the liquidation of short positions, creating some downward pressure on the price.

Support and Resistance Levels

Important Support Levels:

The primary support level is at $93,500, which is a key point in the short term.

If broken, attention should be paid to the secondary support at $92,500, which is an important defense line for longs.

Major Resistance Levels:

In the short term, $95,800 is an obstacle that needs to be overcome.

A higher level of resistance is at $97,000; breaking through here will open up further upward space for BTC. #SEC推迟多个现货ETF审批 #币安Alpha上新