$BTC

BTC USDT Analysis

Key Areas:

- Immediate Resistance Zone: 107,500 - 108,650 (from the monthly average interest rate (dMonth VAH) to the monthly average interest rate (pMonth VAH)) - a critical breakout area for the continuation of the bullish trend.

- Immediate Support Zone: 105,150 - 105,670 (from the volume-weighted average price (VWAP) over 30 days and the volume-weighted average price (CVAH) over 16 days) - the main support line is unclear, and breaking it may trigger bearish momentum.

- Strong Lower Support Zone: 104,000 - 102,800 (from the volume-weighted average price (pMonth VWAP) to the volume-weighted average price (DMonth VAL)) - strong buying interest is expected here.

Trading Hypotheses:

Bullish: A clear acceptance above 108,650 targets psychological and liquidity-rich areas above.

Bearish: Losing the volume-weighted average price (VWAP) over 30 days (~105,150) leads to a corrective pullback towards lower support levels.

Summary: Maintain a neutral to bullish stance as long as the price remains above the 30-day volume-weighted average price (105,150). Carefully monitor the expansion of volatility when breaking either side of the current range.