The hourly trend shows an increase in the early morning, a drop in the morning, and an increase in the afternoon. After a surge at the opening of the US stock market, it began to decline again, still exhibiting a pattern of interspersed fluctuations in contract liquidity. After the price dropped to around 103065 on May 31, the hourly level has actually shown a not very strong upward trend, and it is still maintaining operations above the upward trend line.
The daily line is still operating above the daily MA30 line, moving closely along this line in a narrow oscillation trend. The MA30 line maintains an upward trend, and the MACD continues to slowly approach the zero axis from a distance above the zero axis, waiting for the MACD to return to the zero axis, after which another wave of daily level rebound upward movement will occur.
Yesterday it was mentioned that Bitcoin has been oscillating for several days, and altcoins will take the opportunity to fight back. Altcoins will take turns performing, but most are short-lived, so it's important to take profits in time.
Daily level resistance at 109000-120400-130000, support at 100200-97840-95140-93410
From the Bitcoin liquidation heat map, it can be seen that
the price is rising, with a large number of significant short positions waiting for liquidation in the 106800-109600 range
the price is falling, with a large number of significant long positions waiting for liquidation in the 104800-100150 range, with key liquidation points located around 103500
