#BTC# In a volatile market with a rebound, the upper resistance is clear! Bitcoin's midnight market surged from around 113800, continuously rising to the middle band around 115000. This position is also the key node we mentioned yesterday, the market maker's contention point. At the current pace, touching the middle band will likely lead to a second pullback, which is a relatively reasonable rhythm. It's extremely challenging to break out in a 'V' shape, so patience is needed! The short-term trend is weak, and each rebound is preparing for better downward breakouts. 112000 is not the bottom; breaking 110000 is the key!

From the current overall structure, the market shows a consecutive bullish trend after a bottom rebound, gradually rising to the vicinity of the middle band of the Bollinger Bands. At the same time, the Bollinger Bands show signs of contraction, indicating that recent oscillation and consolidation characteristics are becoming apparent. However, upon closer examination of the K-line momentum, the "big bearish fragmented bullish" pattern following a previous large bearish candle and subsequent small bullish candles has allowed some bullish momentum to be released, but the overall strength is limited, failing to form a strong reversal attitude. In this rhythm, the breakdown of the key level at 115200 becomes an important guide for the subsequent trend. If this level cannot be effectively broken, it means that the market is still within the suppression range of the bearish trend, and the rebound is only a phase correction, maintaining an overall bearish arrangement. Subsequently, one can continue to rely on this resistance level to layout short positions, waiting for further continuation of the trend.

Short Bitcoin within the day around 114800-115000, look at 112500.

Auntie is shorting around 3540-3550, looking at 3350 #6 BTC全民空投限时派送中# #Gate Alpha积分撸40U# #白宫加密报告发布# .