Upper resistance levels: 4590 4625
Lower support levels: 4519-4534 4472 4415 If it breaks below, watch: 4333
Yesterday's CIP data was bearish~~
US Treasury Secretary Yellen stated that they will not directly purchase more Bitcoin, although she later clarified that this does not mean stopping the plan to expand cryptocurrency reserves.
However, panic sentiment~~ still triggered a spike in the market~~~
From a technical perspective, there is a 30-minute top divergence, with a high-level pattern~~ there is also a possibility of a spike.
Today’s 2-hour return to the zero axis rebound~~ the bottom pattern is forming on the 15-minute and 30-minute charts~ a strong breakthrough at 4610 is needed for a reversal~~ currently, the first resistance level is at 4572.
15-minute bottom divergence~~ must break through 4572 to see upward movement~~
