Upper Resistance Level Analysis
In the current BTC/USDT market, there are multiple pressure areas above, specifically as follows:
1. Short-term resistance level:
• 107,079 USDT: The MA(25) moving average position on the 15-minute chart, which has been tested multiple times in the short term but has not effectively broken through, forming a recent minor resistance.
• 108,366.8 USDT: The current 24-hour high, also a significant short-term pressure level. If it cannot be突破, this position will become a key area for market fluctuations.
2. Medium-term resistance level:
• 109,275 USDT: The potential high point above on the 4-hour chart, which is expected to open up upward space after a breakout.
• 110,000 USDT: An integer psychological barrier, which usually forms market trading psychological resistance.
3. Long-term resistance level:
• 111,340 USDT: The previous high point area on the daily chart, which is also an important technical pressure level recently, and if broken, will further confirm a bullish signal.
Conclusion:
• Short-term pressure levels: 107,079 USDT and 108,366.8 USDT.
• Medium-term pressure levels: 109,275 USDT and 110,000 USDT.
• Long-term pressure level: 111,340 USDT.
If the price breaks through 108,366.8 USDT, the market is expected to challenge 109,275 USDT and 110,000 USDT. Once stabilized, the long-term trend will become clearer. #BTC再创新高 $BTC