#BTC

BTC Market Analysis:

The Bitcoin price had a slight surge last night, but still failed to break above the key resistance level of 106,800. With the US stock market opening tonight, volatility is about to arrive, but we should still focus on the key resistance levels.

If the key resistance level can be broken and held, the market will remain relatively strong, and the probability of continuing to clear liquidity upwards will significantly increase. At the same time, we also need to pay attention to what kind of trend might occur if it continues to decline!

On the downside, briefly monitor the short-term support at 103,000. If it falls back to this level again, there is a potential head and shoulders bottom pattern; if it effectively breaks below, it is very likely to break the key support level of 100,000!