On the daily chart, after breaking through the downward channel on $BTC , there has been no sustained increase, as it is strongly suppressed by the upper track, and the wide oscillation pattern remains unchanged.
After a series of downward candles, the four-hour chart has turned into a series of upward candles, but the bullish momentum is gradually weakening, and upward movement is hindered, increasing short-term downward pressure.
The key support level of 108500 will be tested; only by successfully converting pressure and support can upward space be opened.
After reaching a high, the hourly chart fell into a small range of oscillation, and the continuity after the breakout is weak.
Big coin's midday operation suggestion: Look for bullish near 108500, target 110500.
