The daily line is a small positive line in the shape of a cross star with a long upper shadow and a short lower shadow, and the trading volume is basically the same as the previous day.
The daily MA30 line is still in a downward trend, and MACD shows a weakening upward momentum not far below the zero axis.
The daily level is still maintaining a volatile trend, and there is no clear defense line. The price is not far from the daily MA30 line, and a 6% increase will allow it to rise. Currently, we are still waiting for Bitcoin to show its direction. Only when the big brother points the way can the little brother know where to go.
The 119-126.5 range is a position where spot can be bought boldly. Every time the needle reaches this position, there will be a good rebound.
Pressure level 138-141.3-150-163
From the hourly level, the current trend is a 5-minute pullback within an 8-hour pullback within a 16-hour pullback. You can go long at 129 and short at 135. Pay attention to stop-profit and stop-loss.
From the three-day liquidation heat map
The price is going up, and there are a lot of large and super large short orders waiting to be liquidated in the 135.6-140.2 area.
The price is going down, and there are a lot of large long orders waiting to be liquidated in the 129.8-125.6 area.
