Some opinions for the next steps: if it drops back to 107 for Accumulation after reaching 110, then we will see if it can reach 116, which has a lot of Liquidity. If it doesn't go up to 116, it will be directly dumped.
Combining history and the end of the current standstill, the short-term script for #BTC leans towards a continuation of the rebound. The return of fiscal liquidity will boost the demand for risk assets. Historically, similar situations are often accompanied by a +5-15% rebound in BTC.
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Some opinions for the next steps: if it drops back to 107 for Accumulation after reaching 110, then we will see if it can reach 116, which has a lot of Liquidity. If it doesn't go up to 116, it will be directly dumped.
Combining history and the end of the current standstill, the short-term script for #BTC leans towards a continuation of the rebound. The return of fiscal liquidity will boost the demand for risk assets. Historically, similar situations are often accompanied by a +5-15% rebound in BTC.