Bitcoin is consolidating with reduced volume over the weekend, and there is no bullish or bearish trend at large or small levels. A high-level pullback does not require excessive bearishness until the key support at 101 is broken.
In terms of news, the two conflicts have not settled yet, and next Thursday there will be the Federal Reserve's interest rate meeting. In the short term, this will have a certain impact on the entire crypto sector. So friends should still manage risks well during trading.
Slightly surged during the day, testing around 106. The pullback lows are gradually increasing. There is no especially obvious short-term bottom formation. The trend is slightly oscillating upwards. The viewpoint remains consistent with previous statements. Treat it with an oscillation mindset in the short term. The boundaries of the oscillation range are relatively clear, still concerning.
Note the support around 103/101 below.
Several positions to pay attention to
Support Position
First Position 103060
Second Position 101000
Third Position 97720
Resistance Position
First Position 106000-106550
Second Position 107000-107500
Third Position 108400
Pay attention and like, wealth in abundance
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