Bitcoin's strong resistance level is charging up, attempting once again to free the loss-making positions ahead. The Airdrop in April probably yielded over 60,000.

Bitcoin is able to hold at the high transaction density area, undergoing horizontal fluctuations to digest the loss-making positions, and has not dropped below the 120 moving average for several days. The 120 moving average has flattened out and shows an upward trend, indicating that the trend is gradually changing. The fact that Bitcoin can stay at such a high transaction density area for so many days without dropping down shows its strength. This is to give those who are tied up here an opportunity to stop-loss, but it does not give an opportunity to get out of the positions. To get out, one must have sufficient courage and mental resilience. Therefore, this is a situation where the people holding positions are creating such fluctuations, neither allowing prices to rise for a breakeven exit nor dropping to let short-sellers exit. Once the long and short positions are sufficiently shaken out, a decision will be made on whether to go up or down. Here, the old hunter maintains the original view: fluctuating upwards, with a possibility of a spike around 99000, and then a drop. There is high resistance above at the dense transaction area and strong support below with the 120 moving average flattening out. The best strategy is to lie back and collect airdrops. In April, six airdrops were collected. Brothers, let's not dwell too much on trading in the secondary market. Remember to come and collect. #MemeBox 现已支持 Solana 公链# #非农就业数据将公布# purely personal opinion, not for trading guidance, for reference only.