#BTC

BTC Market Analysis:

After reviewing the previous liquidation map data, returning to the market, the Bitcoin consolidation over the weekend has been quite good, forming a small wedge pattern. It is clear that the desire for upward movement is still strong, and we can pay attention to whether a breakout trend will occur!

At the same time, the overall turning point of the consolidation market is near 106800, which is a very critical position, corresponding to previous highs and locations. Only by breaking through this position can it trigger a wave of successive increases!

Currently, there is more space below Bitcoin, and the CME gap has not yet been filled. The opinion of the big players still leans towards a decline, as the short positions around 109500 have been held consistently!