Judging from the current trend of BTC, the volatility of the interest rate meeting on Thursday, if the lower limit of the needle is 103385, the lower limit of 102800 is also a strong support. The possibility of a big needle at the daily level is very small, at least there is no sign at present.

When the price is in the range of 106600-107700, the normal retracement is at least 105755, which is a support area. Below 105300-104600 is a support area, and below 103800-103300 is also a support area. There are three support lines, so the low long orders with an opening cost below 103000 are fearless.

And pulling up is a huge pump. Once 108200-108800 is broken, it will almost hit 109500-110375. Generally, a retracement of 108800-108600 will directly impact the 12w direction. At present, I have seen the high point above 114600. In the short term, we will eat up bit by bit and move forward step by step.