#bitcoin

Current view.

📌Although there is not much change in the price chart, it seems eager to rise, especially when we examine it hourly.

🔴Our support level is 97K

🟢Our first target is 99.5K

📌Also, when we look at the locking map and long-short rates, we can see that it supports our support resistance levels.

In other words, high leverage long rates are up to the 97K level, and high leverage short rates are densely located up to the 100K level.

✍️So it is currently in an undecided region, but my personal opinion is that, as I said at the beginning, due to the hourly chart's eagerness to rise, it will overcome the 99.5K resistance with a hard candle and go up to the 100K level, both clear the liquidity there, that is, hunt short positions, and the price will hold above 99.5K and follow a path as I indicated in the chart.

⚠️Still, as I always say, it is necessary to act not with feelings, but by adhering to support and resistance.

#CryptoReboundStrategy #BitcoinHashRateSurge #BitcoinTurns16 #BIOOpenonBinance