#特朗普马斯克分歧 $BTC Good morning everyone ☀️ The current price of Bitcoin has retraced to the middle band of the VWAP, showing initial signs of stabilization, but the trading volume is not strong, and the MACD has not crossed bullish yet. In the short term, there is still a possibility of testing the support below.
Currently, although this wave of decline has stopped, the rebound structure is weak, with continued TD counts at high positions suppressing the structure, which does not support a direct reversal upward.
📊 Market Structure:
The middle band of VWAP has become a key short-term support;
The resistance zone above remains around 104,800 - 105,200 (a high trading volume area);
If it continues to consolidate with increasing volume but no price increase, be careful of another drop testing the support near 100,300.
If you haven't opened a position, I suggest today (for reference only):
Treat short-term operations as oscillating, quickly entering and exiting high shorts and low longs;
Pay close attention to whether it breaks below the middle band of VWAP. Once it breaks down with volume, there could be an inertia downward wave.