$BTC Midday Bitcoin second surge up to 109700 line under pressure and pullback, currently the oscillation range has once again retested near 109000. After the early morning orange position was closed, the short position from the morning is still being held. Life is full of uncertainties, only by persevering can one find a way out. Even if the road ahead is shrouded in fog, one must believe in their choices and strive forward.
From the four-hour level cycle, the pressure above the price has clearly been at the 109700 line. The rapid increase in volume this morning has now been corrected and adjusted. The market touched this level, giving a certain bearish volume to move lower. The small bearish K opened lower under the upper track's pressure, and while there has been a further retest, it has not yet broken below the middle track. However, based on the current pattern, it is difficult for bulls to further increase volume and push above 110000. At noon, I remind everyone not to blindly chase the rise, but to wait for a pullback. The market is still consolidating within the range, but the weak line of Bitcoin has started to see decreased buying volume. Currently, we are waiting, and with the push from US stocks, there may be further market breaks.
Bitcoin can be considered for a southward move near the current price of 109000-109500, targeting around 108000. The altcoin can be considered for a southward move near 2680-2700, targeting 2530/2500. #美国加征关税