turn the tide ❓ BTC Midday Review Conclusion: Short term bullish, with the maximum resistance above around 110K along the upper edge of the channel Bitcoin has maintained a high and disorderly price fluctuation in the past month and a half, shifting from the initial box oscillation to the current channel downward trend The 12 hour level has formed a clear high-level wide channel for decline, and the subsequent market trend is still simple and uncertain, with no consensus yet The moving average band displays the current 12 hour level trend, showing a long short crossover trend. When the moving average band appears "green", it indicates the beginning of a bullish trend When the moving average band appears in red, it indicates the beginning of a bearish trend The current upper edge of the channel is located near 110K, and it is necessary to effectively break through 110K in order to end the suppression trend of the downward channel It can also be seen as buying on the right side