After a midnight dip around 106,700 (originally 106,700), Bitcoin quickly rebounded, currently reported at 108,106 USD (the 4-hour Bollinger middle band has shifted up to 108,500)
Indicator divergence intensifies: KDJ is releasing a short-term bullish signal but MACD is downward with bearish volume shrinking. The 30-minute chart RSI shows a bearish divergence, suggesting doubts about the rebound momentum.
Key morning correction
Bitcoin (BTC)
Resistance zone shifts up: If it breaks through 108,096 USD (intensive liquidation area for short positions) with volume, it is expected to hit 109,600-110,400 (originally 108,000-108,800); if it fails, the pullback target is 106,800→105,765 (support for long positions)
On-chain dynamics: BTC spot ETF has seen a net inflow for 4 consecutive days (yesterday +667 million USD), but the futures open interest exceeds 74.5 billion USD, accumulating risk of market change.
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