Good evening brothers $BTC
Looking at BTC on the daily chart, the previous wide range box movement has been broken by continuous bullish rises, and the bulls have strongly pushed up to create new highs. However, the recent one-sided rise has exceeded technical limits, and the market shows serious overbought conditions, top divergence, and stagnation at high levels. We need to be alert for a pullback and correction; it is not advisable to chase long positions in the short term, but one can pay attention to pullbacks. The alternating rise and fall of the market is a norm.
It is suggested to short around 118800-12, with a target of 116500; if it breaks down, look for 113000 below.
Strong recovery, assets doubled! Stay close to nostalgia, layout in advance, and easily reap substantial gains.
Continuous attention: FIS M
