📊BTC

Resistance level reference:

First resistance level: 107500

Second resistance level: 109000

Support level reference:

First support level: 105500

Second support level: 104500

Today's suggestion:

If the price breaks through the first resistance level, it will form an N-shaped upward structure, increasing the probability of a retracement to 108~110K, and a short-term adjustment may occur at the 110K position.

Currently, it is retesting new highs, and caution is needed for sudden profit-taking sell-offs. The first support level can currently be viewed as an important short-term support; even if it breaks, there is still support forming below. Therefore, in the ultra-short term, one can look for entry opportunities near the upward trend line + 104.5K.