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BTC has clearly formed two highly valuable liquidity ranges in its short-term price trend.
Currently, its trend has effectively broken below the key support level at 10.85K, and the selling pressure in the market has significantly increased, mainly concentrated around 11.2K, which poses considerable resistance to price upward movement.
From a broader perspective, the range of 10.5K to 10.6K constitutes a crucial support level below, while the area near 11.7K forms a clear resistance zone above.
These two key price levels are of significant guidance for assessing the future trend of BTC and are worth investors' close attention.