$BTC 😄 Big Pancake has closed the weekly line✌ Big Pancake closed a spinning top on the weekly line today, with the body higher than last week's candlestick body, and it broke through the weekly downtrend line. The market is still relatively strong, and there is still a probability this week to break through the high of 110500 or even surpass the previous high. If it directly hits a high point, there will still be a need for a pullback. To eliminate the divergence at the daily level, the time and funds are still not enough, unless another 2 billion is issued, directly increasing volume and price to push up. 😭 Otherwise, it’s still a pretended strong forced short squeeze market. ☺️ Last week's CME futures closing price was at 108100, corresponding to the spot price around 107500. So, if the weekly level does not pull back directly to break the high point, there is an 80% probability of pulling back to the CME gap position. If it forms pressure near 110500 and does not push through, then it will inevitably have to pull back to the CME futures gap around 107500. 💁 Upper pressure: 110400/11100 Lower support: 107900/106900
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