The 2-hour cycle shows that the trading volume of the Black Three Soldiers pattern is extremely shrinking, and the distribution of member exclusive chips reveals a strong resistance band in the 108860-109573 area. The current price is below EMA24/52, and the medium - to long-term trend is weak. The J value has entered the oversold zone, combined with the RSI double bottom pattern, indicating short-term rebound demand.
However, the price continues to narrow above 103000, and if it falls below, it will open up downward space. Suggest focusing on the effectiveness of 103000 support.
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The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.
