The daily line is a small negative line with a short lower shadow. The trading volume is less than half of the previous day, which is a downward adjustment pattern with shrinking volume.
The daily MA30 line maintains an upward trend, and MACD shows a weakening upward momentum at a far point above the zero axis.
When Bitcoin hit the $100,000 mark on the 22nd, it did not rush up all at once, but chose a trend of fluctuating and consolidating at a high level. In addition, the U.S. stock market is closed on weekends, and currently the funds in the market are still in PVP. This volatile trend will continue today.
The U.S. stock market will open tomorrow night. We will focus on whether funds will flow out of the U.S. stock market. There will definitely be a wave of breakthroughs above the $100,000 mark.
Therefore, there will not be any downward trend today, and the copycats will continue to party.
Daily pressure level 103000-109500-126000, support level 96220-93974-92460-89100
From the hourly level perspective, the current trend is that the 1-day MA30 line rebounded to a new high in the 2-hour rebound and formed a top divergence pattern, and then returned to the 2-hour level support.
In the short term, you can go long at 96660 and short at 98400
From the three-day liquidation heat map
The price is going up, and there are a lot of large and super large short orders waiting to be liquidated in the 99000-102900 area.
The price is going down, and there are a lot of large and super large long orders waiting to be liquidated in the 97100-93100 area.
