$BTC going back and forth, the overall range is still oscillating between 100,000 and 110,000. In this wave of the market, as long as it breaks 108,300, the K-line trend pattern of the same frequency up and down will be broken, and the market will have to go to 110,000. So currently, the most important point to watch is 108,300.
There is one thing that must be clarified: based on weekly indicators, similar to January 22, 2024, once the market reaches 110,000, it is expected to experience a wave of upward movement according to the weekly indicators. It can also be understood that as long as the market reaches the high of 110,000, 112,000 must be broken, and it must at least climb above 125,000.
Although this is a later discussion, since we have chosen this industry, we need to analyze and prepare mentally in advance.
