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The Bitcoin eight-hour level is experiencing a wide range of fluctuations in a downward trend channel. The first top purple area is the current important resistance level, while the green area serves as the defensive pressure.
The triangular area in the channel converges to choose a direction, but it needs to break below the position of 105413 first, with the bottom looking at the edge of the channel line. If it breaks, just look at the purple area.
Today, we need to pay attention to 107029, which is the intraday resistance level.
The above opinions are for reference only and do not constitute investment advice!