Brothers, BTC is currently hovering around 108,019.
From the 1-hour line, it has tried multiple times to effectively hold above the 108,000 integer mark but has not succeeded, and the volume is insufficient, feeling a bit precarious.
In my personal judgment, it is highly likely to break below 108,000 to find support below. If it breaks, we should pay close attention to the strength of support in the range of 107,500-107,800.
Of course, if it can increase in volume and pull back above 108,500, then the short-term downside risk will be eliminated.
What does everyone think? Is it a trap to short or a real drop? Feel free to discuss