$BTC Extreme market conditions, both long and short are being killed, may I ask where the road lies~?
In a low liquidity market, it is extremely easy to experience sharp rises and falls, those who do not like to set stop losses should sound the alarm.
--- The strong resistance level given earlier at 106000+, why did the two touches in the early morning lead to significant pullbacks? Because it is a strong daily resistance.
--- In the short term, use 103200 as resistance; only after the price recovers above this level can we expect to continue rising. The current price is below this level, leaning towards weakness.
--- Support at 101500, look for rebounds here; once it drops below 100700, there will definitely be stop losses, and it will seek a new starting point.
--- Possible new starting points are between 99000-98000, waiting for a test.
Waiting for liquidity to return!