$BTC

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Continuous rise for 7 weeks

All 7-week candlesticks are green

To the naked eye—there is a high probability of a pullback

Today's daily closing did not exceed 108000

Only with a confirmed close above 108000

Can we lift the bearish trend on the daily chart

Moreover, the daily chart is exhibiting false breakout behavior【accompanied by negative news】

Currently, the daily outlook does not seem very optimistic

The important resistance above is already at the 110000 mark

The important support below is around 103000

Additionally, ETH has performed very poorly

【However, there is a short-term tendency towards a sideways trend】

How should we operate with spot now

Appropriately reduce positions

Lower psychological pressure

Waiting for a pullback to get back in again