📊BTC

Resistance Level Reference:

First Resistance Level:107500

Second Resistance Level:109000

Support Level Reference:

First Support Level:105500

Second Support Level:104500

Today's Suggestion:

If the price breaks through the first resistance level, it will form an N-shaped upward structure, increasing the probability of a retracement in the 108~110K range, and a short-term adjustment may occur at the 110K position.

Currently, it is re-testing the new high point, and caution is needed for sudden profit-taking sell-offs. The first support level can be viewed as an important short-term support; even if it breaks, there is still support forming below. Therefore, very short-term traders can look for entry opportunities near the upward trend line +104.5K.