We probably don’t need to elaborate more on the overall rhythm from yesterday; everyone should already be very familiar with the strength aspect.

On the four-hour level, the price surged with consecutive positive candles but encountered resistance at the upper boundary and closed with a negative candle, leading to a pullback. After regrouping, it attempted to reach the upper boundary again but failed to break through successfully. This indicates that the resistance in this area is very evident. After multiple unsuccessful attempts, there was a significant pullback! At this stage, although there is a slight rebound, the momentum is not strong.

The coin price rebounded after a surge in the early hours, then dipped again to around 99300 before rebounding. So, where is the new entry point? It is near the hundred thousand mark.

For Bitcoin, the range is 100300-100500, with a target watching 98000-97000.