6.4 Technical Points Analysis:
The previously disclosed 110400 mid-line bearish view of the big cake has reached the first target of 104000!
BTC:
From the weekly level, this wave of big drop has not fallen below the low point of the previous wave of 102000. Pay attention to the gains and losses of this position this week.
If it falls below, it will go to the 100000-96000 area, and this area will start the next round of big rise mode.
The first pressure on the top is 108500, the watershed is 110,000. Only by breaking through here can a new high be ushered in.
From the daily line, after three consecutive positive lines, the negative line with a lead was collected the next day, and the upward momentum during the three consecutive positive lines was not great. The next day continued to be suppressed at the top and bottom conversion of 106500. The daily line can only stand firmly here to make a decent pullback, but there is still weekly pressure on the top, and the bottom is still supported by the 103000 area.
In the short term, the support below is the next day's low of 104500. The key support below is still 103000. The upper pressure is still 106500, and the strong pressure is in the 108500 area.
Dabing suggests: bullish around 104700-104500, with a target of 106000-106500;
If the upper top and bottom conversion of 106500 is not broken, it can continue to be bearish, and stabilize and wait for 107500 to be bearish