If it does not fall below 106300 by 8 PM, it will continue to rise, and 108200 will arrive as expected👇🏾

$BTC The newly introduced caramel coffee ☕️ is not bad~~
The big pancake reached a new high last night, exceeding the 107000 resistance level I provided by a few hundred dollars. This is the needle point slope resistance level on the daily chart. In the absence of any data or major good news, the first time it reaches this level will usually result in a pullback. On the 4-hour chart, it retracted to 103333 last night, which is over 300 away from my first resistance level. At this point, switching to the 15-minute chart to observe the double bottom breakthrough structure can also capture this wave of increase.

Now, we need to pay attention to whether the 4-hour chart can close below 106300. If it breaks below, there will be a high hanging restoration, with support levels at 105500, 105000, and 103800 (which is also the dual support of the daily channel midline). If it breaks below 103800, the support levels below are around 103000, 101500, and 100600.
If it is still hovering above 106300 at 8 PM tonight, it may be another late-night scenario of manipulation in the U.S. market, with upward spikes around 108200 and 108800, followed by a downward pullback.
Currently, both the 4-hour and daily charts have the potential for a bullish three-wave structure. Tomorrow morning's daily close is crucial; we will see if it closes below 108200, corresponding to the high volume bar indicating a three scholar stagnation signal.
📝 Weekly support can boldly split the position and connect with spot trading, ratio of 235 or 334