Hey, the big pie ($BTC Bitcoin) market is quite stable this Monday, basically no big movements. Let's take a look at the weekly chart, it closed with a nearly full-bodied bullish candle, this trend is quite interesting.
We need to focus more on tonight and tomorrow, I reckon that during this period there is a high probability of a 2000 point upward fluctuation. There is a key position now, which is the range of 109000 - 110000, this is a heavy pressure zone. If the big pie fails to successfully break above this range, there is a high likelihood of a significant pullback.
Looking again, the current big pie price is almost at the upper edge of the channel, and we still need to close the monthly chart tomorrow. So, we need to keep a close watch and see if the key level around 110000 can be smoothly broken through, this is very important for the subsequent market direction!
