$BTC ☀️ Bitcoin's rise yesterday lacked momentum, 🤭 the 4H minor trend line has already been broken, making it possible to say that around 108200 there is a 60% probability that this rebound is at its peak. The 4-hour chart also shows signs of increased volume with price flat distribution, and the MACD on the 4H chart has formed a death cross at a high position. Although the red volume bars have not increased significantly, it is only a matter of time before volume increases. Any subsequent rebound is an opportunity to go short. If it really breaks through 108200, the upper pressure is at 108480, and the upper space is also limited. 😏
😭 Bitcoin will either drop thousands of points or rise thousands of points. Based on the drop, it is certain that 98200 will be broken. A perfect bullish AB=CD model at 97500 on the daily chart, but the probability of reaching that this month is not high. There are still 4 days left to close the monthly and quarterly charts; it won't close looking too bad. Support is forming around 104900, with a continued rebound near 107000, but dropping below 100000 is only a matter of time. ✌
💁 Pay attention to the upper pressure today: 107600/108480/109400
Lower support: 106100/104900/103500