#BTC
BTC opinion update:
On the smaller timeframe, a rebound unfolded. It was blocked near the resistance zone just below the top of the range; another reason is the lack of liquidity over the weekend. Keep an eye on whether the price can break out of the resistance zone!
As mentioned earlier, as long as the price cannot effectively break below the support zone, there is still the possibility of testing the resistance zone above. The larger-range consolidation has not ended yet—continue to watch for the breakout direction!
If this time can complete an upside breakout and effectively break through, then most likely it will test the area above 92k!
BTC opinion update:
On the smaller timeframe, a rebound unfolded. It was blocked near the resistance zone just below the top of the range; another reason is the lack of liquidity over the weekend. Keep an eye on whether the price can break out of the resistance zone!
As mentioned earlier, as long as the price cannot effectively break below the support zone, there is still the possibility of testing the resistance zone above. The larger-range consolidation has not ended yet—continue to watch for the breakout direction!
If this time can complete an upside breakout and effectively break through, then most likely it will test the area above 92k!
