The daily line is a small positive line in the shape of a cross star, with trading volume one-third less than the previous day, maintaining an oscillating upward trend.
The daily MA30 line maintains an upward trend, and MACD shows an increasing upward momentum above the zero axis.
There are relatively many data released in the United States this week, so the price did not rise very quickly. It continued to maintain the upward trend little by little, waiting for the news to be released. After a rapid ups and downs in the short term, there will be another wave of rapid increases, rising to a new price platform and then making shock adjustments.
#ETF funds are still flowing in, and there is no sign of short-term profit-taking. From the perspective of large financial institutions, this price is not their target yet, so the bullish view remains unchanged.
Most of the altcoins are still experiencing wide fluctuations, going up and down, back and forth at the hourly level, and a few strong altcoins are showing independent trends.
As I said yesterday, we must wait until Bitcoin reaches the two integer thresholds of $110,000-120,000 before the altcoin market will see a compensatory rise.
Daily pressure level 112000-126000-134000, support level 102090-98520-94200-91360-87300
From the hourly level, the current trend is that the 1-day MA30 line rebounded and returned to the MA30 line, the 2-hour rebound within the 2-hour MA30 rebound, the 1-hour MA30 line within the 2-hour MA30 rebound rebounded and hit a new high and returned to the 1-hour EMA52 line.
In the short term, you can go long at 104500 and short at 112000
From the three-day liquidation heat map
The price is going up. There are some short orders waiting to be liquidated near 108000. There are a lot of large short orders waiting to be liquidated in the 108400-111300 area.
The price is going down. There are a lot of large and super large long orders waiting to be liquidated in the 105200-103900 area and the 103650-100700 area.
