There is no need to focus on the footprints left by others. The end of the road is never a replicated landscape; every step you take adds a uniquely yours path to the world.

7.16 Early Morning Analysis
Throughout the day, Bitcoin was continuously pressed down by shorts, even though there is now a rebound reclaiming part of the loss. From a broader perspective, this looks more like a smoke screen to lure in buyers. Judging from the rebound's volume and sustainability, it cannot support a reversal. Rather than saying that the shorts are exerting force, it is more accurate to say this is a trap to attract buyers, waiting for greedy retail investors to chase the rise, allowing the main players to continue pushing down, trimming the profits of the naive.
Therefore, there is no need for the bulls to waver now; just keep an eye on this upward movement.
Suggestions:
Bitcoin: Around 117500-118300 for shorts, target: first look at around 116300-115500, if broken, look at 113500.
Altcoin: The entire day has been relatively strong; it is suggested to short at higher positions.
Short around 3070-3090, target around 3050-3010.
#BTC