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BTC provided a Rebound at 103000. Those who went long can observe how the price behaves as it returns to 106000. If it reaches around 106500—107500, one can consider shorting. Only if the price breaks through this range with higher trade volumes can it be said to continue the long positions trend; otherwise, it will be considered a Rebound.
The liquidation of many long positions at 103,000 has significantly reduced liquidity, while the strong liquidity of short positions above has created a great attraction, leading to a rebound in price.
Follow Xiao Zhi's live streaming room for irregular live market analysis.
Xiao Zhi wishes everyone prosperity in June.
#BTC行情分析# #成长值抽奖，赢 iPhone 16 和精美周边#
At 103000, many long positions were liquidated, leading to a significant decrease in Liquidity. The short positions Liquidity above is strong, which creates a great attraction leading to the price rebound.
Follow Xiao Zhi's live channel for irregular live analysis of the market.
Xiao Zhi wishes everyone prosperity in June.
#BTC行情分析# #成长值抽奖，赢 iPhone 16 和精美周边#
At 103000, many long positions were liquidated, resulting in significantly less liquidity. The short positions liquidity above is strong, creating a substantial attraction that led to the price rebound.
Follow Xiao Zhi's live channel for occasional market analysis.
Xiao Zhi wishes everyone prosperity in June.
#BTC行情分析# #成长值抽奖，赢 iPhone 16 和精美周边#