Bitcoin's market performance this weekend has been flat, lacking a clear direction. Technical analysis indicates a potential upward target at 108000, while the downward support area is around 102000.
It is worth noting that a rare, highly concentrated and evenly distributed liquidation zone has appeared in the current high price area during this round of market movement, and this liquidity distribution is quite special.
From the current structure, the market is in a consolidation state, with a liquidation possibility of about 50% within this range. The price trend of Bitcoin shows typical consolidation characteristics.
For investors with a lower risk appetite, it is advisable to patiently wait until market liquidity recovers on Monday before formulating subsequent strategies based on actual conditions. During the weekend, market trading volume is usually low, which may not be the best time to build positions.
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Bitcoin's market performance this weekend has been flat, lacking a clear direction. Technical analysis indicates a potential upward target at 108000, while the downward support area is around 102000.
It is worth noting that a rare, highly concentrated and evenly distributed liquidation zone has appeared in the current high price area during this round of market movement, and this liquidity distribution is quite special.
From the current structure, the market is in a consolidation state, with a liquidation possibility of about 50% within this range. The price trend of Bitcoin shows typical consolidation characteristics.
For investors with a lower risk appetite, it is advisable to patiently wait until market liquidity recovers on Monday before formulating subsequent strategies based on actual conditions. During the weekend, market trading volume is usually low, which may not be the best time to build positions.