BTC Market Key Points and Trend Analysis
Bitcoin is currently oscillating in the range of 100881-105819, and may test the resistance in the 106000-109000 area subsequently. If a large real candle breaks through this range and closes above, it will confirm the effective breakthrough of the resistance level, and further attention should be paid to the key pressure level of 114000.
If the price drops below 100881, the support area at 97947 will become an important defense line.
From the daily level, as long as the closing price remains above 93377, the bullish trend expectation remains unchanged; once this price level is lost, the area of 91652-90479 (marked in pink) will bear the downward pressure, forming a new support range.
