BrotherLangMustSay
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Good morning, the BTC market continued the previous night's oscillating pullback trend during the day yesterday, but the pullback did not break down. In the afternoon, it oscillated upwards. Will it be able to continue to rise today?


The current trend is in the second stage of upward movement on the daily chart; however, the upward momentum is gradually weakening. There may be one more short-term surge, and the market will begin a pullback. Today, there is certain support in the 92400 range. After the surge from yesterday afternoon to this morning, there will be a drop during the day. Take note if the drop can break the support level before 4 PM, especially whether it can break 91600. If it doesn't break before the afternoon, the market will still complete another surge, breaking through 95000. The main resistance above is around 96500, and the resistance range can be divided for pullback layout. If it breaks during the day, the last surge will be gone, and the pullback will start.
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