25.01.07 Market Overview:

$BTC Bitcoin closed with a big positive line this morning, which also pulled Bitcoin back to the 100,000 mark, reaching a high of 102724

Bitcoin soared all the way under the influence of the US stock market, from 99K to 102K; 205 million US dollars were liquidated across the network in 24 hours, with 92 million long orders and 112 million short orders; with the end of the European and American holidays, liquidity returned, the market was injected with stability and the market began to pick up; Bitcoin's market share also rose from 54% to 56.3%, and then MicroStrategy announced that it had bought another 101 million US dollars of BTC, which ignited the market again

The highest point of the 4H closing line of the big cake in the morning just inserted into the resonance point of the trend line and the upper pressure line and then retreated. This is also an important position for the exchange of support and resistance. If there is a chance to pull back to the next resonance point of 99200-99300, you can try to take a small long position; it is a wise choice to pull back to go long. After all, the big cake starts to pull up and we have to follow the trend. The pullback gives the opportunity to go long; 4H stands firmly at 102757, then we can see the next pressure of 105350 or even the previous high of 108356. The effective support is 99963. Don’t get lost. Give you the latest information and point analysis every day, as well as the wealth code you want. Remember to follow and like it. #币安MegadropSOLV