A technical analysis of today's Bitcoin market trend shows the following characteristics:



Technical Analysis:
The resistance area above is distributed at key price levels such as 106027, 106775, and 107077.
The support levels below are at 105359, 104240, and 101458.

Market Structure Judgment:
Breaking through the price level of 106141 will be an important signal for the market to strengthen.
Today's key observation point is the price level of 105534. Holding this position may form a new market structure.
From the 4-hour level, a bottom pattern has emerged, indicating a certain rebound potential.

Sentiment Indicator Reference:
The current reading of the fear index is 61, indicating that the market is in a state of high fear.
The trading data shows that long positions account for 63%, while short positions account for 37%.
The number of positions ratio is 0.87

In summary, whether BTC can stabilize above 105534 and break through 106141 in the short term will determine the direction of the upcoming trend, which is worth paying close attention to for investors.
BTC-1.23%
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MainnetDelayedAgainvip
· 06-19 01:05
Quietly wait for victory.
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TokenGuruvip
· 06-19 00:57
The long and short showdown looks at technical levels.
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GasFeeThundervip
· 06-16 01:51
Let's wait a bit longer, Miner.
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GasOptimizervip
· 06-16 01:49
Data indicates that the bottom has formed.
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LiquidatedAgainvip
· 06-16 01:48
Again heard the liquidation alarm sound
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ChainSherlockGirlvip
· 06-16 01:36
It's all the play of Large Investors.
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PriceOracleFairyvip
· 06-16 01:27
Market bias looks juicy here
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