BTC Trend Analysis and Key Levels Yesterday, BTC ended positively, with short-term selling pressure coming from the resistance in the 106,000 - 109,000 yuan range.
The current market situation has yet to solidify, with the 100,718 level being a key threshold at the daily level:
Bullish Scenario: If the price breaks through the 106,000 - 109,000 yuan resistance area with a solid bullish candle and holds, the next target points to 114,000, and attention should be paid to the pressure performance at this position;
Pullback Verification: If the daily close is below 100,718, the effectiveness of the 98,622 - 94,595 support range needs to be observed, and after stabilizing, it may brew a new round of upward movement;
Deep Adjustment Risk: If the above support is broken, the 91,652 - 90,479 area (pink box) constitutes ultimate support, and rebound confirmation opportunities can be sought in this range.
Operational Logic: Focus on the daily close's breakthrough direction of 100,718; resistance breakthroughs require volume support, while pullback support needs confirmation of stabilization signals.
