The daily line of continuous rises comes to an end, and the overall situation reverses back below 100,000

In the morning session, we reviewed the downward pattern from last Thursday and Friday, which formed a peak around 9 o'clock and then retreated without breaking the high again. It was pointed out that if the high point before and after 9 o'clock in the Asian session was not broken, the market might continue to decline. As expected, the European session did not break this cyclical pattern, causing a change in market trends.

As for the upper resistance point, the high point yesterday was 108,000, and the high point is showing a downward trend. The intra-day oscillation has started to weaken, and today's rebound should not be too high.

Therefore, today we will consider bearish oscillation with the high point as the defensive point, focusing on the key support area around 100,000.

In summary, under the combined effect of news and technical aspects, the short-term downward pattern is expected to continue, closely monitoring the breakthroughs and support situations at key points. #币安Alpha项目公布 #BTC再创新高 #加密市场盘整 $BTC $ETH