Yesterday in the crypto world, the main focus was still on Bitcoin's performance. Bitcoin experienced a blood-sucking consolidation while maintaining a high position, with most mainstream trends weaker than Bitcoin. Bitcoin is now about 1500 dollars away from its previous high, and it feels like it could break the new high at any moment. Sure enough, it broke it in the morning, but the expected short-term growth after breaking the high may be limited, and a pullback to solidify is still needed. This article is merely a personal review and does not constitute any investment advice.
The prediction for Bitcoin is to consolidate around 105,000, with the daily line continuing to rise and break the high, but it won't deviate too much from the previous high, or it could be said that a significant pullback should occur before the 27th. $BNB is expected to fluctuate between 700 and 740. Overall, it was weaker yesterday, and for it to explode, we need to wait for Bitcoin to break through and then consolidate, especially since the recent airdrops haven't lifted it, and it is expected to drop a bit again at the end of the airdrop. Ethereum $ETH institutional holdings continue to increase, which is promising, and it is suitable for buying on dips, especially if Bitcoin breaks a new high, it will have even more room for growth.
Now, regarding today's daily $BTC market analysis, from the K-line perspective, the 1-hour level shows an upward trend, the 4-hour level is upward, the 12-hour level is upward, and the daily level is upward. The intraday resistance level is 107,500, and the support level is 103,000 dollars. Overall, if Bitcoin breaks the high without sufficient volume, the increase after breaking the high may not be significant, and a major pullback could occur. At this time, do not open contracts recklessly to avoid being harvested.