Snowball Daily Market Update -

The view given in yesterday's update is exactly right. The resistance here is obvious - $66,500 (Monday's low), and the continuous retreat from $66,500 eventually caused the price to fall to test DM VAH. Currently, this key level is $63,800, which is regarded as 4-hour support. I would like to see a push to test the old 4-hour support level of $65,000, but I think there is a high probability of falling back to $63,500 first. On the liquidation heat map, it shows that there are currently 3.2k BTC bids between $63,800 and $63,500. It is possible that these orders will be liquidated first.

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