BTC has weekly level support around 103000, and an effective consolidation has formed here, approaching which will trigger a rebound from the oversold condition.
Staying above 104560 is a key signal for the short-term rebound to start, and after breaking through, it will continue to test the pressure zone of 105935-107850.
If it cannot stabilize at 104560, the downward trend will continue. The support levels below are 102620, 101470, and even testing the 100,000 mark.
BTC: Enter long around 104560 The first target 105935
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Afternoon Thoughts BTC
BTC has weekly level support around 103000, and an effective consolidation has formed here, approaching which will trigger a rebound from the oversold condition.
Staying above 104560 is a key signal for the short-term rebound to start, and after breaking through, it will continue to test the pressure zone of 105935-107850.
If it cannot stabilize at 104560, the downward trend will continue.
The support levels below are 102620, 101470, and even testing the 100,000 mark.
BTC: Enter long around 104560
The first target 105935
Two cakes: more near 2520
Target 2600, 2700