BTC's Perspective: 🔥🔥🔥
The key to the recent trend of the Bitcoin market lies in verifying whether the top formation has been established and whether the price will breach the initial support area.
Short-term traders should pay special attention to the important technical level of 107. Previously, the price formed a bottom-rebound pattern between this level and 108 dollars, indicating significant buying support in this area.
Currently, the upper resistance zone is concentrated around 111 to 112, which will become an important testing point for short-term rebounds.
