The daily line is a small bullish candlestick with upper and lower shadows in a doji pattern, with trading volume around two-thirds of the previous day. The price is getting closer to the $100,000 mark, and there is a lot of pressure.
The daily MA30 line maintains an upward trend, and the MACD shows an increase in bullish momentum above the zero line, but the volume bars are much smaller compared to before, indicating a significant decrease in upward momentum.
The current doji pattern on the daily line indicates that neither the bulls nor bears have gained the upper hand, resulting in a stalemate. A short-term consolidation is needed before continuing the momentum for another round of battle.
Yesterday, the white body maintained a high-level oscillation with an upward bias. There was a short-term quick drop at night, which rapidly recovered, returning to the daytime oscillation trend. This type of movement is likely to continue over the weekend and is typical of quick interspersing targeting high-leverage contracts.
It is important to note that the price of Bitcoin is still continuously reaching new highs, and there may be a quick short-term breakout above $100,000 followed by a rapid decline.
The daily level resistance points are 103000-109500-126000, and the support points are 94830-92840-88888-87300-84400-82800.
From an hourly perspective, the current movement is within a rebound of the daily MA30 line, with a two-hour rebound reaching a new high showing a top divergence pattern and returning to the 30-minute support.
In the short term, one can go long at 97530 and 95770, and short at 100500.
From the three-day liquidation heat map,
The price is moving upward, with a large number of significant and ultra-large short orders waiting to be liquidated in the 99700-102800 range.
The price is moving downward, with a large number of significant and ultra-large long orders waiting to be liquidated in the 97600-96100 range and the 95950-91900 range.
