BTC/USDT Analysis. Continuation of the local uptrend

Hello everyone! This is CryptoRobotics trader-analyst with the daily market analysis.

Yesterday, the market followed our scenario, continuing the local uptrend and breaking the previous high. At the moment, there are no strong signs of profit-taking that could trigger a reversal, nor major resistance zones nearby. The main expectation remains further growth towards the $114,400–$115,500 (volume zone), where a reversal pattern may start to form.

For intraday traders, the key level to watch is around $112,000. An abnormally high volume cluster was recorded there, which positioned buyers earlier. If the price dips into this zone and shows a reaction, a local long setup may be considered.

Buy zones:

~$112,000 (local zone, abnormal cluster),

$110,000–$105,000 (accumulated volumes).

Sell zones:

$114,400–$115,500 (volume zone),

~$116,500 (volume anomaly),

$117,200–$119,000 (accumulated volumes),

$121,200–$122,200 (buying absorption).

This publication does not constitute financial advice.