The weekly line is a negative line, so there will be a downward trend today. The weekly line has strong support at the weekly MA30 line, which is around 95140. The price will not go here in a short time. As the price fluctuates, the weekly MA30 line will also rise, so the corresponding price will also rise. Before the price falls below the weekly MA30 line, the upward trend at the weekly level remains unchanged.
I also said yesterday that the daily level will experience a few days of volatile trend, and only after returning to the support of the daily EMA52 line will there be a decent rebound, and at the same time, the daily MACD will return to the zero axis. Therefore, the short-term volatile trend can be done by buying high and selling low and taking advantage of the market.
Daily pressure level: 110000-120400-130000, support level: 100160-97840-95140-93410
From the Bitcoin liquidation heat map, we can see
The price is rising, and there are a lot of large short orders waiting to be liquidated in the 105850-109500 area
The price is falling, and there are a lot of large long orders waiting to be liquidated in the 103550-99900 area
