Recently, the price trend of BTC has fluctuated between 96800 and 99000, falling below the short-term support of 97000 this morning and reaching a low of 96643. Based on the candlestick pattern, bears have a slight advantage. In this wave of adjustment, the main force frequently sold large orders, and the market experienced significant selling pressure.
And around 97000, we can observe multiple major buyers intervening in large orders, forming short-term rebound support. With this critical juncture being tested, the market is about to usher in a new round of direction choices.
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The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.
