BTC has tested the resistance level many times. Did it really break through this time?

The important resistance level above is around 102000. From the 4-hour chart, it has been tested for the fifth time. Especially the third and fourth times, they were all recovered in the form of false breakouts.

After looking at the price, look at the volume. After the 11th, the volume is gradually shrinking. Either it means that there are fewer buyers (insufficient demand) or fewer sellers (insufficient supply). If the market demand is greater than the supply, it will rise, and if the supply is greater than the demand, it will fall. Combined with the price behavior, the resistance level above has been tested many times, proving that the market demand (buying) still exists, so it can be considered that there are fewer suppliers, that is, the selling pressure is gradually reduced.

Combined with the trend, a blue upward trend line can be drawn. While constantly testing the resistance, the low point is constantly rising.

Back to the 15-minute market, this test is a breakthrough with volume, and the backtest is shrinking (proving that the selling pressure is not large)

Combining the above points, you can hold a bullish view, with breaking the trend line and the support below as the stop loss, around 100600. You can open a long order to look up. The first position is the previous high, and the second position is around 105700 (Fibonacci 1:1 extension). The entry position of the long order is determined by yourself. You can break through and chase, or wait for the retracement trend line to chase #BTC