Is Bitcoin playing some heartbeat game recently? 📉 This drop has got me on the edge of my seat! It first smashed through 113,500, and then the bears went all out, going crazy — 112,000 couldn't hold, 110,000 also collapsed, and even the 100-hour moving average couldn’t hold!
It even dipped to around 108,700, and now although it has slightly recovered to 110,400, it hasn’t even stabilized for a small rebound! You know, after such a fierce drop, the 23.6% Fibonacci retracement level (which is almost a small rebound checkpoint) hasn’t even been touched... it's really too weak!
Right now, the market is under pressure from a bunch of resistances. Want to surge up? You first have to break through 110,750, then tackle 112,500 — there's a bearish trend line pressing down hard, making it even harder. If it can miraculously break through 113,000, then there might be a chance to really catch a breath.
But if, I say if, it can't even push past 112,000? Then the next wave of decline is likely on the way, with the recent support below at 108,500, followed by 107,200. If it collapses again, we might see 106,500 or even 105,500. The really deadly point is 103,500 — if that level breaks, market sentiment will definitely collapse!
The technicals are also not friendly at all: MACD is still falling every hour, RSI can't even stand above 50, all weak signals 📉 So now the market is focusing on these key levels:
Support at 108,500 → 107,200
Resistance at 110,500 → 112,500
This volatility is not just Bitcoin's issue, the entire crypto market is shaking along — if the big brother can't stabilize, other altcoins need to be more cautious. Let's be careful, don't rush to bottom-fish, and observe the overall trend before taking action! $BTC $ETH $SOL #加密市场回调 #比特币远古巨鲸持续出清 #特朗普罢免美联储理事库克