BTC Short-term Market Analysis (Current Price: 106455)
Market Overview:
Bitcoin (BTC) rebounded after a slight decline yesterday afternoon, currently priced at 106455, up 3.3% from the previous value (103000), back above the 100,000 high. The candlestick shows high-level fluctuations, with bulls and bears contesting at 107149 and 100000, and the market seems to be waiting for a big news to ignite, the atmosphere is a bit heated!
Consolidation Range:
Upper Resistance: 107149 (recent high).
Lower Support: 100000 (psychological barrier).
Technical Quick Review:
Four-hour: Price rebounded from 103000 to 106000, with slightly increased volume, seemingly testing the high.
One-hour: Bullish and bearish struggle around 106400, either breaking 107149 or dropping to 100000 will determine the direction.
Real-time Dynamics:
After rebounding last night, BTC is fluctuating at a high level, with volume slightly increasing and market sentiment warming up. Attention should be paid to today's U.S. market opening or news (such as ETF developments, policy trends).
Trend Prediction:
BTC is oscillating in the 100000-107149 range, if it hits 107149 without breaking, it could be a short, if it stabilizes at 100000, it could be a long. Without major news, it still needs to grind, and the trend is the most stable!
Operational Suggestions:
Bitcoin rebounded to 106455, close to the 107149 high, look for opportunities to short, and ride the wave!
Breakthrough Outlook:
Current price 106455, strong support at 100,000, short-term oscillation between 100000-107149. To reach 110000 or drop to 98000, major news or explosive volume is needed.
