BTC Key focus on this position

Last night, the price broke below the four-hour lifeline, marking the first time since November 6.

Although there was a rebound in the morning, it has not yet broken the four-hour resistance level of 98580 above, which means a new bullish trend has not formed, and this situation needs to be cautious.

Key focus: Can the four-hour closing of Bitcoin stay above 98580? If it fails to stay above for two consecutive candles, the risk of a pullback increases.

Note: The four-hour position below will adjust with the passage of time; this is the result updated at 8 AM today. For the latest information, feel free to chat with Yiming.

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