OKEx invests in research: BTC temporarily breaks from the weak position, stands firm at 9,100 US dollars or welcomes a large-level rebound

According to the OKEx spot display, as of the start of the European session, BTC temporarily reported at $ 9125.6 (0.44%). Yesterday, BTC broke through $ 9,000 in the afternoon after breaking through the key resistance of $ 9,100 after a short period of consolidation. However, the currency price failed to hold the key position and is now stable above $ 9,000. OKEx analyst Neo believes that the short-term strength of the bulls this week is a foretaste. As the bottom gradually moves from $ 8,500 to around $ 8,700, the bulls have absorbed a certain amount of chips, but they have broken through the order of magnitude. It can be reflected that the strength of the breakthrough of 9,100 US dollars has gradually weakened, which directly caused the currency price to be difficult to stabilize and fall rapidly. Because of the large amount of buying funds when it broke through 9,000 US dollars, the drop at this position was in line with expectations. As far as the current trend is concerned, BTC has temporarily deviated from the downward trend, but the prerequisite for the continuation of the rebound is that the currency price stands above $ 9,100, otherwise there is still a risk of falling in the future. Risk Warning: There are risks in entering the market, and investment should be cautious.