BTC Market Technical Analysis Daily Level Assessment Overall Still Maintains Upward Trend Pattern.
The green range corresponds to the high and low points of March, forming the current oscillation box.
After the price broke through the upper edge of the box (range-H), it is currently oscillating around the 95,000 USD level. Key Judgment: If the daily line cannot stabilize at 95,000 USD, a pullback is expected;
If it stabilizes at this level, it is highly likely to continue the upward trend, even challenging the 100,000 USD level.
After stabilizing at 95,000 USD, 100,000 USD may become the next target;
If it fails to hold, attention should be paid to the bullish order block at the daily level (D1 bullish ob) support.
On the hourly level, there is a liquidity area formed by the previous high (pwh) and the high point (mh) above, while below is the low point (ml) and the bullish order block at the 4-hour level (H4 bullish ob) forming the support range.
The ideal trend is: first consume the upper liquidity and then initiate a bearish trend; if it reaches the ml area below and effectively tests the H4 bullish ob support, one can consider positioning for a long order.
