I have seen the early movements of Bitcoin, after falling to a position of 99200, the price stabilized, then continued to rise. Now it is approaching 103900.
What is interesting is that despite the price rising quite sharply, the fund conditions indicate a net outflow of 2.15 billion US dollars. Usually, this means that someone is selling during a rebound at high levels.
If it continues to rise, the position of 104500 must be closely monitored—because it previously encountered resistance there. If this rebound fails to break through and cannot hold above that level, it indicates that the upward momentum is actually not strong enough. For the aggressive, one might consider shorting directly at levels 102000 and 100800.
BTC
88,580.68
-1.77%