①Is BTC adjusted in place? Will it continue to adjust? There is currently no clear conclusion, but observation criteria can be set: effective support below is still at the 102500 level. If the price effectively breaks below this position, the adjustment may continue; if it can maintain above 102500 for today and tomorrow, a high rally is likely to begin. Today's trend (especially during the evening period) is crucial.
②If the price effectively breaks below 102500, how should we view the space below? Even if it breaks, it is still necessary to clarify: a pullback is an opportunity for positioning. Short-term support can initially focus on the vicinity of the 101000 level.
③When can we confirm that the market is pointing to a new high? When the price breaks through the 105000 key resistance level, it is highly likely to open up upward space. If a new high trend begins, the first challenge will be the 106000 resistance level, which has strong selling pressure.
