109370 can be seen as a key watershed for the night. If the price stabilizes above this point, maintaining the bottom support of the sideways region, the subsequent trend is expected to continue upwards, or maintain a sideways fluctuation pattern within the range. At this time, it is important to focus on key resistance levels such as 110200, 111285, and 111950 above, as breaking through these points will open further upward space.
Once the price breaks below the important support of 109370, a pullback trend will begin on the 1-2 hour level. At that time, lower levels such as 108620, 107700, and 106730 will become key support points. If effective support can be obtained at these levels, it may stop the downward trend.
Summary: 109370 is the key node for the night market trend. Above this point, the trend is biased towards strength; if it falls below this point, it faces the risk of a pullback. Everyone can focus on the corresponding support and resistance level changes and reasonably plan trading strategies.$BTC #BTC走势分析
