Bitcoin, Evening Analysis

The large coin's price tonight retreated from the high point of 104600 to around 100700, which is a key support level. Therefore, a rebound is quite normal. Currently, it has rebounded to around 102100 and is starting to consolidate.

The resistance above the large coin is at 102200. If it breaks through and stabilizes at 102500, we can expect to see the range of 103000-103500. The support levels below are at 101500 and 100700. Personally, I feel that if it retraces again tonight, the low buy will likely only go down to around 101000. It is relatively difficult to buy a lot, so the operational suggestion is to primarily focus on low buying during the retracement.

Tonight's live broadcast recommended everyone to bottom fish the large coin and Ethereum, and most of them built positions at the lowest point. The large coin rebounded by 1300 points, and the second coin also rebounded by around 50 points.