5.27 Market Analysis
The rebound faced resistance; last week the BTC four-hour lifeline support was at 110200. After breaking below this level, it turned into resistance. Yesterday, there was an upward rebound, but it encountered resistance and fell back at this level, indicating that the resistance at this position is effective.
Short-term focus on 108600. If the closing line at noon 12 o'clock is below this level, a new short position will be established. Below, pay attention to the daily lifeline support at 104100.
