The current price is around 111000, approaching the high chip density area of 121270-121763 (with a trading volume of 9.94%), which forms strong resistance. According to the member indicators, the 90 minute cycle K-line shows a meteor shaped pattern, and the EMA24/52 moving average shows a bearish arrangement, verifying the short-term bearish signal. The trading volume continues to shrink, with both short-term and long-term averages showing a bearish trend, and market activity decreasing, indicating insufficient upward momentum. If the price cannot effectively break through 121270, it may retrace to 110000 support. Open membership now, unlock precise resistance support levels, and seize trading opportunities at high and low points! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 90 minute] candlestick, for reference only, and does not constitute any investment advice.

OKX-BTC/USDT is currently trading at $111009.20, with a 5-minute increase of 0.01%. Please be aware of market fluctuations.

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BTC has declined, with a trading volume of $96.2 billion in the past 24 hours and a circulating market value of $2.21 trillion, representing a 0.33% decrease in market capitalization. Data for reference only

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