7.15
BTC Afternoon Observation, Short-term Bearish
Is the big drop coming?! The market is volatile; don't blindly chase shorts.
The moving average system still shows a bullish arrangement, but the candlestick has a long upper shadow, indicating significant selling pressure at high levels. Pullback to the strong support level of 117,000.
Operation suggestion: Hold above 117,500 before looking for a pullback.
Viewpoint: Short near 118,600-118,100, looking down towards 116,500-115,700.
The market changes rapidly, be flexible in your approach. Sell high, buy low.
$BTC
