#BTC 6 June 11 Market Analysis
Upper Resistance Level: 110227 (Breakthrough continues to rise)
Lower Support: 108975 108637 107707
Relatively Safe Point: 106775 (If broken, the market turns bearish)
Currently, Bitcoin has a daily golden cross~~ Let's see if it can stabilize above 109609~~ If it stabilizes, we look upwards
If it doesn't stabilize, it will pull back and fluctuate~
Overall, as long as the market doesn't break below 107707~~ it remains a bullish market
Currently, there is a high-level death cross divergence~~ there is a need for a pullback
Fear Index: 72
Real Trading Long/Short Amount: Long 62% Short 39%
Position Ratio: 0.51