Bitcoin is slowly rising, but has been consistently pressured at the 118,000 level. Today it is slowly falling. We have repeatedly reminded that the top of this resistance band has been taken down by nearly 1500 points.
Today is Friday, and with short-term signs of a fall, it is very likely that there will be a reversal and a fall tonight. Therefore, short positions can be reduced, with key support to watch at 115,000.
In terms of posture, one word: weak, even weaker than SOL, so no matter how it rebounds or how much you earn, focus on the support at 4500 tonight. If it breaks down, continue to look down.
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Bitcoin is slowly rising, but has been consistently pressured at the 118,000 level. Today it is slowly falling. We have repeatedly reminded that the top of this resistance band has been taken down by nearly 1500 points.
Today is Friday, and with short-term signs of a fall, it is very likely that there will be a reversal and a fall tonight. Therefore, short positions can be reduced, with key support to watch at 115,000.
In terms of posture, one word: weak, even weaker than SOL, so no matter how it rebounds or how much you earn, focus on the support at 4500 tonight. If it breaks down, continue to look down.