$BTC A new week has begun
✅ Currently, all levels of Bitcoin are in a bullish pattern. It seems we still need to test the resistance level of 110200, as there is currently only 1200 points of space. Therefore, I do not recommend chasing long positions. I will also take half of my long position profit again around 11w, and if it breaks through, I will add more.
✅ For the next two days, just watch the trading volume when it touches 11w. Low trading volume with a bearish candle indicates effective resistance, and it will drop further 📉. High trading volume with sideways movement at the top indicates that demand is consuming supply, and after a small pullback, it will rise again 📈.
✅ Staying in cash is an art; if you miss out, you miss out. Do not engage in revenge shorting or chasing long positions.