BTC slightly surged and then fell back in the morning. Usually, it consolidates and oscillates over the weekend, with some small market makers slightly stirring the market during the consolidation, for example, by hitting the stop-loss orders of major holders who are chasing long positions.
When the large pancake is in a high position and consolidating, several altcoins usually start to show movement. The overall view is consistent with previous texts, with high position consolidation and an expectation of a pullback.
A small-scale upward oscillation channel is about to undergo a pullback. If the US stock market can stay above 94k during the pre-market period on Monday, it is likely to continue the rebound of the US stock market; otherwise, a pullback expectation will arise.
Several positions to pay attention to
Support positions
First position 92000-92700
Second position 90700-90900
Third position 89450
Resistance positions
First position 96226
Second position 97709
Third position 102155
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#BTC Trend Analysis