Bitcoin Market Analysis

1) Yesterday's short-term support at 103000 held, allowing for a rebound of over 1000 dollars, and it has been supported 5 times, with the support effect weakening; if it drops further, it could easily break.

2) Maintaining the view that if the resistance level at 105000 is not broken, a pullback can be expected 📉

3) Two demand zones below are waiting for orders to be filled.

1️⃣ Buy at 101400-102200 (waiting for orders to be filled)

2️⃣ Buy at 99000-99800 (waiting for orders to be filled)

Medium to long-term view: Currently, this is a pullback from the rise to 74000, and after the pullback, it will rise again. The first support is at 92900-95300, and the second support is at 83000-86000.

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