As you can see 41k is the confluence zone between 4h uptrend line(green line), broken daily downtrend line(blue line) and one of major resistances of BTC(gray line).
Probably this is the zone that a lot of traders going to buy bitcoin. Also the return to this zone can interpret as a pullback to the broken daily downtrend line.
Probably this is the zone that a lot of traders going to buy bitcoin. Also the return to this zone can interpret as a pullback to the broken daily downtrend line.