BTC has been consolidating around 121,411 after falling from the high point of 123,475 this morning. Currently, the market data shows that the strength of long positions counterattack is weak, and the overall trend remains under pressure. It is recommended to maintain a shorting strategy on rallies, with a focus on getting on board near the resistance level of 122,300, targeting downward to 121,000.
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BTC has been consolidating around 121,411 after falling from the high point of 123,475 this morning. Currently, the market data shows that the strength of long positions counterattack is weak, and the overall trend remains under pressure. It is recommended to maintain a shorting strategy on rallies, with a focus on getting on board near the resistance level of 122,300, targeting downward to 121,000.
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