Yesterday's trend first tested the upper resistance, and after failing to break through, continued to weaken. When it reached 106700, it rebounded after hitting the bottom. This position was mentioned as the low zone for the main forces' accumulation. After reaching this point, there would be a wave of upward movement, and once it rises, a decisive stance is taken. Then it turned to the trend, which corresponded again. Yesterday's outflow and inflow were basically balanced, but currently, the inflow exceeds the outflow by 173 million. If it is not the main force protecting the market, then what is it?

The net inflow of main capital today reached about 173 million, indicating that the current market is supported by upward momentum, but at the same time, some selling pressure still exists, suggesting a cautious inclination toward the upward trend. The large capital forces are basically balanced, and in the short term, the market's willingness to enter is slightly weak. After Federal Reserve officials released dovish signals, crypto assets received support from the weakening of the US dollar index and a return of safe-haven capital. This to some extent promoted the positive behavior of capital flowing into crypto assets. The capital has shown slight hesitation in the short term, especially as the data from large transactions reflects that the short-term direction has not yet been fully clarified, requiring caution against fluctuations. Therefore, it is necessary to pay attention to key support and resistance levels, which are still continuously testing downward, with a high possibility of breaking down.

During lunch, continue to observe 107400 to 107800, and look at the area around 105700 to 104700. $BTC #BTC