Yesterday's #Bitcoin one-hour range had a breakthrough demand, but surprisingly it did not break down in the early morning, instead it broke up in the morning. Did I miss some good news?

Or is it just to liquidate some short positions?

As it stands, the one-hour breakthrough has not allowed the price to break through the four-hour mid-level resistance. Let's continue to observe the follow-up!

Today's BTC liquidity is very low, with trading volume levels at less than 40% of usual, compared to less than 30% of the peak trading volume this Friday.

This liquidity is indeed quite suitable for liquidating both long and short positions, so be aware that it is early morning tonight!

There is a significant probability of increased volatility early on weekends, so be careful to avoid risks!

Currently, the four-hour fluctuation range is around 104,000——106,100, especially 106,100 is a key dual resistance formed by both the four-hour and daily lines.

The defensive position is still recommended to refer to the daily report mentioning the bottom support near 101,700, paying special attention to the buying power near the recent lows before June 5.

Like a decline and a breakthrough, there are many traders' psychological expectation positions near the recent new highs and lows, which will create a certain turnover to activate short-term trading volume.