$BTC 😁 Weekend CME futures are closed, the futures closing price is around 107700, and during the weekend it will basically fluctuate around 107500. Currently, the 2-hour level has reached the upper pressure point of the channel, and the market is still strong at high levels. 😬 If the descending channel is broken, there will still be a possibility of continually hitting higher points. Upper pressure: 108500, 😂 In a rapid situation, it may even reach the upper edge of the daily and 3-day descending channel around 109400. Even if it hits higher points, I believe it won't break through in one go. 🙄 The daily level and 4-hour level's V reversal has not retraced; continuous upward movement is definitely unhealthy. There are still 3 days to the end of the month and quarter, and the close cannot look too bad because the bull market at the monthly level is definitely not over. Additionally, there are too many short positions around 108000, making it difficult to go down for a while. The monthly and quarterly retracement and the daily level adjustment will wait until the morning of the 1st of next month after the close, waiting for opportunities. ☺️
💁 Intraday upper pressure: 108000/108500/109400
Lower support: 106600/105900/104900