From the four-hour chart of BTC, the favourable information from yesterday did not stimulate the market to break new highs, and the rebound only reached the previous resistance area. During the day, the price retraced again near 105000. On the one-hour chart, the price continues to oscillate within the trading range, and the upper boundary resistance structure has not been broken. It is advisable to maintain a bearish outlook for the day.
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From the four-hour chart of BTC, the favourable information from yesterday did not stimulate the market to break new highs, and the rebound only reached the previous resistance area. During the day, the price retraced again near 105000. On the one-hour chart, the price continues to oscillate within the trading range, and the upper boundary resistance structure has not been broken. It is advisable to maintain a bearish outlook for the day.
Reference position: 103600 short, target 101600, defense 1000 points #BTC #ETH