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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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#BTC Today's Opinion is as follows
Last night, the market showed some unusual behavior; despite the US stocks opening high, it did not follow suit and instead retraced to test the support at 106700.
Currently, in terms of form, the four-hour line level still has slight retracement demand. During the day, attention can be paid to the support around 106000. If this level holds, a subsequent rebound is expected to challenge the 108000 pressure again.
However, if this support quickly breaks, then the Bitcoin support will be looking at 104200-104700 for long positions, with resistance at 108000-108500 for short positions.