It has been a few days of continuous fluctuation, and the leading index has broken the contraction range. After a surge, it faced resistance at the previous high of 108900. This position was a significant overlap resistance at the time, so in the morning, the index directly positioned itself at a high level, and then there was a rebound, totaling 2200 points. Therefore, the emphasized resistance and support lie here. Continuous high gains come from this.
The continuous rise and fall simply lack continuity but also do not reverse, and the low points below are still moving up sequentially. Thus, the trend remains dominated by the leading index. As mentioned earlier, in a trend, either the high points decrease sequentially, or the low points increase sequentially. Before the trend changes, one can still follow the trend. Especially since it has already returned to the vicinity of the low points below, even if there is some fluctuation, it is only a minor issue; as long as it holds, it can go up again, creating more space.
In the afternoon, the index at 107400 can still wait a bit longer. If it goes up again according to the leading index's extension point, if the high-level resistance cannot hold, then we may see around 110300. $BTC #BTC