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The Bitcoin market has recently exhibited some interesting characteristics. A rare green spike line has appeared on the 15-minute chart, contrasting sharply with the previously observed red line. By analyzing the liquidation intensity chart, we can identify that the range between $108,500 and $109,000 may become an important liquidation point.



The market may first test these high liquidation points, before retreating to the liquidation area around $105,000. At this price level, a period of sideways consolidation may occur, which will be a key time to determine the next move.

From a technical perspective, the descending channel trend on the daily chart may continue for some time. We might see the price dip to around 97,000 USD, followed by a rebound to near 107,000 USD, fluctuating within this broad range.

For traders, this sideways volatile market actually provides good opportunities. By adopting a strategy of buying low and selling high, while strictly controlling entry timing and stop-loss positions, one can hope to achieve stable returns. However, investors must remember that the cryptocurrency market carries high risks, and caution should be exercised during trading.

Overall, although Bitcoin may face retracement pressure in the short term, the market's volatility also creates opportunities for agile traders. Closely monitoring key price level breakouts or supports will help seize market trends.
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WenMoon42vip
· 06-28 04:01
Is this the peak?
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CodeAuditQueenvip
· 06-27 17:44
Another round of classic reentrancy attack pattern. This trend is too much of a trap.
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AirdropHuntervip
· 06-27 17:42
Can this wave of coins still lead to bankruptcy?
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NFTRegretfulvip
· 06-27 17:36
Another trap for people~ Just go long and that's it.
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BearHuggervip
· 06-27 17:34
I hesitated all night about where to buy some.
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