#BTC

BTC Market Analysis

The big coin still feels a bit weak in its upward movement; the expected high point above has not been reached, and the short positions have missed out. Currently, it is running around 108k, and there seems to be a continued downward trend, but we still need to observe the key support points!

In terms of price movement: on a smaller scale, we can see that there has been an overall rise and fall, and it has returned to a consolidation range: running within the range of 109k-107k! The key support level to pay attention to below is still the central support at 106800; we need to break below this level to see a downward trend.

The current position is not particularly good for operation; it is recommended to wait for opportunities to arise!