$BTC

BTC Strong rebound tests the key level of 106800!

BTC's current rebound is in full swing, once again hitting the key resistance level of 106800! This level is a dividing line between bulls and bears; a breakthrough would mean an acceleration of the upward trend. Coupled with favorable news, it is quite possible to surge directly towards the massive liquidity above 112000-115000!

From the market perspective, 106800 is the boundary for the market. If it holds above, the bulls will continue to push; if it breaks below, a correction may occur. Liquidation data shows that futures and spot markets are pushing up together. If the target is to liquidate the liquidity at 112000-115000, the possibility of a spike in price is not small.

Specific attention should be paid to the real-time trend, especially the breakthrough situation at 106800!