Currently, Bitcoin is experiencing a rebound from an oversold condition, reaching a maximum of around 102,000. However, the momentum is still not strong enough. Although the hourly chart shows signs of stabilization at the bottom, applying the principle of support and resistance, this is the previous bottom of the consolidation phase, and it is also near the moving average resistance. The selling pressure above remains very serious. Therefore, the current rebound should be controlled.
Current price control at 102,000, adding positions at 102,800.
Looking down towards the area around 100,500-100,000. #加密市场回调