Hourly level yesterday during the day saw a drop followed by a rise in the morning, then continued to decline in the afternoon. After the U.S. stock market opened, it experienced a fluctuation upwards, and in the morning, it continued to surge. The current price has returned to around 106000, with the hourly level oscillating back and forth, continuing to seize liquidity in the contract market.
The daily chart shows another small bullish candlestick with a long lower shadow, and the trading volume is slightly higher than the previous two days during the weekend, which is considered normal trading volume. The daily chart is still above the MA30 line, which continues to maintain an upward trend. Therefore, the upward trend at the daily level is still intact. The daily MACD is slowly returning towards the zero line from the high point, indicating a weakening downward momentum, waiting for the MACD to return to the zero line, after which another wave of daily-level rebound and upward trend will appear.
The daily level will continue to experience several days of fluctuating trends. Altcoins will take the opportunity to fight back, with strong altcoins already starting to perform in recent days. The focus will still be on strong altcoins.
Daily level resistance at 109000-120400-130000, support at 100200-97840-95140-93410.
From the Bitcoin liquidation heatmap, it can be seen that
the price is rising, with a large number of big and super large short positions waiting for liquidation in the 105900-108650 range.
the price is falling, with a large number of big and super large long positions waiting for liquidation in the 103550-101650 range.
