At the hourly level, it first fluctuated upward slightly during the day, then began to fluctuate downward in the afternoon. Before and after the release of the CPI data in the evening, there were small-scale violent fluctuations, and then continued to fall. It started to rise at around 3 a.m., and then fell after encountering pressure from the 1-hour EMA52 line.
The daily line is a small positive line with upper and lower shadows similar to a doji shape. The trading volume is about one-third less than the previous day, which is a normal trading volume, and the price remains volatile.
The daily MA30 line has begun to flatten out and slowly show a downward trend, and the MACD shows a weakening downward momentum above the zero axis.
The price fell to the vicinity of the daily EMA52 line and rebounded, but this position failed to form a strong rebound after several pullbacks. Then the support becomes increasingly weak, and the price is likely to fall below it to find support at a lower price. This requires attention.
Daily level pressure level 106800-110300-120400-130000, support level 102850-97670-95930-93910
From the Bitcoin liquidation heat map, we can see
The price is rising, and there are a lot of large and super large short orders waiting to be liquidated in the 105450-109550 area
The price is falling, and there are a lot of large and super large long orders waiting to be liquidated in the 103350-100200 area
