The recent trend of Bitcoin has left the bears in despair; whatever they have, they must give back, while the bulls can be said to be well-fed.

Recently, the layout of the market has also harvested a lot of space, and I believe everyone is still feeling a bit dizzy about the current new high position!

Currently, it's a psychological game between retail investors, institutions, and market makers. In my personal opinion, shorting at the position of 119000 is not the most prudent; from a technical perspective, an upward channel has not been broken yet, so it's relatively difficult to drop directly!

My personal trading suggestion is to continue to position long if it pulls back to around 117800-118400, with an initial target of 119600. If it breaks, the smaller level of resistance can lead us to look towards the 121300 level! $BTC #BTC再创新高