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📍 Currently, BTC is oscillating and consolidating around $119300. We attempted to strike but did not break through $120K. The short-term momentum is weak, and resistance is facing challenges!
📊 Three major reductions/high-altitude logic revealed:
• 🧭 Clear pressure: The 119800-12000 range has been repeatedly blocked and fallen back, and the bulls have not been able to stand firm
• 🔄 Technical indicator imbalance: 4-hour chart 50- daily moving average turns downward, short-term trend weakens
• 🐋 Loose on chain funds: Whale's on chain fund diversification tendency increases, corresponding to the possibility of intensified profit taking by the main force
🎯 Short term strategy reference
✅ If repeated attempts to test 119800-120000 fail, it is recommended to open high positions in batches and set stop loss at 120400
✅ The key support below looks towards the 118200-118500 area, and once lost, looks towards 116000-115000
⚠️ Emphasize: There is a strong temptation behind the current volatility, and be wary of the backlash of short-term bullish sentiment
⏳ 【 Layout timing prompt 】
If there is a rapid rise and fall of large funds during midday, evening, or European and American trading hours, it is an ideal window for intervention
Pay attention to community sentiment and capital flow, especially signs of consistent increase in positions but decrease in trading volume
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🎙️ Tonight at 8 o'clock, high-altitude strategy special live broadcast "preview:
• 🧩 Is 119K a bullish low point? Or is it the lure of bears to lure short positions? ”
• 📉 Is it the main force's retreat or the end of the oscillation followed by a sharp decline
📲 Real trading strategy+full analysis of long and short chip volatility chart!
Operation suggestion: Keep up with real-time orders in the live broadcast room
QQ group number: 810794095
Meeting number: 734-628-1523
Weibo account: Tony's Diary
Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.