The daily line still shows a small bearish candle, with trading volume basically flat compared to the previous day. The price is still operating on the hourly upward trend line, and last night the price fell here and showed a weak rebound.
Currently, the price is operating below the daily MA30 line, and the support of the MA30 line is becoming weaker, so the price is likely to fall further towards the daily EMA52 line (100550) and then rebound. The rebound at the daily EMA52 line will be relatively strong, so this is the entry point for short-term long positions. However, the current situation is a choppy market with a slight downtrend, which is quite exhausting. It's not easy to trade small-scale long and short contracts, so it's advisable to observe more and preserve strength.
Daily level resistance at 107800-120400-130000, support at 100550-97840-95140-93410
From the Bitcoin liquidation heatmap, it can be seen that
the price is rising, with a large number of large and extra-large short positions waiting for liquidation in the 105550-109650 range
the price is falling, with a large number of large and extra-large long positions waiting for liquidation in the 104050-100200 range
