$BTC Let's talk about the market again. Looking at the 15-minute chart, Bitcoin has been moving sideways all day without breaking out of the 99500-97600 range. During dinner time in the evening, there was some fluctuation, and at 20:00, it closed above the first support level of 97600, continuing to move upward.
As long as it doesn't drop below the 97800 level by the close tomorrow morning at 8:00, which is also a 4-hour support level, the direction remains upward.
If the 99500 position on the 15-minute chart breaks validly, the first resistance level on the daily chart is around 101000. If it reaches the first resistance level, at least reduce positions by 50%, keeping the remaining 50% for the pattern, and if it breaks, we'll see what happens next.
If it closes below 97800, the support below is still around 96600 and 94700.
If you're trading on a smaller timeframe, you must set an alarm for support and resistance above the 4-hour level. The main players like to force shorts and induce longs in smaller timeframes, and if you're watching the market, it's easy to get trapped in a small timeframe maze and end up making counterproductive trades.