BTC Strong V rebound stabilizes at 103000! Breaking 106500 may trigger a new wave of liquidity liquidation
The recent rebound after the big drop in BTC has been relatively strong, directly reversing nearly 5000 points. In yesterday's analysis, Sister Sheng also mentioned that if it could stay above 103000, it would continue to strengthen, and indeed it has!
In terms of movement:
From the four-hour chart, it has tested the trend line below again, but did not return to the trend. In the past two days, due to insufficient liquidity on Saturday, there has been a wave of corrective consolidation. Pay attention to whether it will return to the trend after liquidity returns, as well as the potential emergence of a small-scale head and shoulders bottom pattern. Short-term support continues to focus on the 1015000-100500 range, while the upper pressure is around 106500! If it can return and stabilize above 106500 next week, it is very likely to continue a new wave of high liquidity liquidation!
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BTC Analysis: June 7, 2025 Daily Chart
