Tuesday midday Jingyi BTC analysis

BTC hourly analysis shows that the current price is between the upper band (107,152) and the middle band (104,786) of the Bollinger Bands, with the bands widening, indicating increased market volatility. The direction of the middle band is upward, suggesting that the medium-term trend remains bullish. The MACD indicator maintains a golden cross, but the energy bars have noticeably shortened compared to previous values, indicating a weakening of short-term upward momentum, and caution is needed for potential pullback risks.

Key level reference: Upper resistance: 107,000, Central support: 104,000, Strong support level: 102,421. In terms of volume, trading volume is basically matching the price trend, but net fund outflow data indicates selling pressure at high levels. If the coin price breaks through the upper track of 107,152 with increased volume, the trend is expected to continue.

Cao Zuo suggests:
You can buy low and sell high within the range of 107,152-104,786. If it breaks through the key level, follow the trend. #Gate 品牌战略重磅升级