$BTC The current market trend is not very volatile, mainly due to the high level of excitement in the market game. In the morning, it surged but faced resistance, and decisively took down more than 1200 points near that level. Subsequently, the hourly chart formed a shooting star at a high position, directly resulting in a drop of 930 points. In the evening, there were some twists and turns, hitting 107400, and during the night, it continued to pull back, decisively adding positions when returning to the main support point, followed by a rebound of 500 points as expected. Afterwards, the focus shifted to the market, and there are still positions being held, just waiting. As long as one can distinguish between resistance and support, isn't it just simple? Not difficult, right?

With recent high-level consolidation, the main force has built positions in the range of 106700 to 107100, and after accumulating, it began to rise, but failed to break through the resistance level, indicating that the upper pressure is very strong. After the pullback, it also didn’t drop down, as the main force is protecting the market. However, one side will inevitably break the level. Currently, it is continuously testing downwards, and if the main force cannot hold on, they will start to sell, and some have already begun to sell, which increases the possibility of a break below. Once the support level is broken, there could be a continuation. So, the focus shifts to the market. The focus has shifted to the market.

In the early hours, the market was around 107400 to 107800, looking at 105600, breaking the daily Bollinger middle band and looking at around 104700 #BTC