We have to admit - #BTC#


The price has officially entered a new oscillation range (within the red box).

Light green zone: An area of dense distribution during the previous fluctuations, which has been effectively broken through.
Red zone: The current dominant fluctuation area, typical rebound correction structure.
Blue zone (around 107K): Potential next liquidity zone, corresponding to daily OB support.

The red box is the current "oscillation trap".
Once it breaks below the lower edge of the red range, the price will slide down to the next price box.
Essentially, this type of box progression is actually a downward trend akin to the boiling frog phenomenon.
BTC0.21%
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