Dear friends in the crypto community, let's talk about the situation of BTC/USDT on Binance over the past 24 hours. The chart shows a combination of a heatmap of funds and K-line, which allows us to visually see the funding battle.

First, looking at the vertical axis for prices, it ranges from 102,960 to 112,459, covering the recent volatility range. The horizontal colored bars represent the accumulation of funds, where the depth of color and length indicate the volume of funds at different price levels. Bright colors like yellow/green indicate active buy and sell orders at those price levels, making them focal points of contention between bulls and bears. For example, there is a noticeable bright colored bar near 109,189, indicating a concentration of funds, which provides strong support or resistance.

In the middle, the K-line shows the price trends, and when viewed in conjunction with the funding bands, it becomes evident that the price oscillates within certain densely populated funding areas. When breaking through or retreating, these funding zones become crucial references. For instance, when the price drops and encounters the lower funding band, it might receive support and rebound; conversely, if it surges upward and faces significant selling pressure at the upper funding band, it is likely to fall back.

In the past 24 hours, while the price has fluctuated, funds have continuously battled at key price levels, indicating that the market's bullish and bearish disagreements have not completely dissipated. Moving forward, pay attention to the breakout situations in these densely populated funding areas, as they can assist in trend judgment. Those looking to trade should keep a close watch for buy and sell signals~

(Risk Warning: The cryptocurrency market is highly volatile, and this information is for reference only. Investment requires caution.)