BTC falls below the $108000 mark

ETH has risen, with a trading volume of 49.3 billion US dollars in the past 24 hours and a circulating market value of 319.4 billion US dollars, representing a 4.34% increase in market value. Data for reference only

Member indicators show that BTC has formed strong support at 107294, and the current price is above this level. However, the distribution of chips shows a slight hesitation in buying, and the support strength is yet to be verified. Based on the KDJ indicator, although a golden cross has appeared, RSI has entered the overbought zone, indicating significant short-term upward pressure. The 2-hour cycle K-line shows a cross shaped star, superimposed with a flat top shape, indicating that there is still selling pressure above. However, the trading volume surged by 113%, and bullish funds actively entered the market, which may test the pre-109730 high in the short term. If it falls below 107294, it may trigger a pullback to 106500. Proactively layout and grasp the main trend! Open membership immediately and lock in buying and selling points in advance. 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.

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