The daily line shows a small bearish candle with upper and lower shadows resembling a doji pattern, with trading volume down by a quarter compared to the previous day, maintaining a downtrend with decreasing volume.
The daily MA30 line still maintains an upward trend, and the MACD is returning to the zero axis, showing weakened downward momentum near the upper point above the zero axis.
The price is still below the daily MA30 line, having pulled back to the support level of the neckline around the blue line at 221, forming a small rebound.
The daily level shows a doji-like pattern with reduced volume, indicating consolidation and waiting for Bitcoin to choose a direction; the big brother must lead before the little brothers can follow.
After the adjustment at the daily level ends, a new round of increases will come. If it can pull back to the area between the two blue lines, it will be an opportunity to buy spot, with a price range of 200-220 and a mid-line at 210.
Daily level resistance is at 234.5-243.5-270-283-300-315-331, with support at 220-210-202.3-184-167.5.
From the hourly perspective, it is currently showing a 5-minute rebound within the 1-day EMA52 line rebound.
In the short term, one can go long at 220 and short at 230, valid for the day.
From the three-day clearing heat map,
Price is moving upward, with a large number of significant short positions waiting for liquidation in the 226.2-240.6 area.
Price is moving downward, with a large number of significant short positions waiting for liquidation in the 220.2-213 area.