#BTC Evening Thoughts
The current trend of the market is quite clear
The bulls during the day are still strong
Although there are times when it tests support, the overall momentum to rise hasn't diminished
This gives us a good sense of how the evening might go
We can pay more attention to the range of 118000 to 1186000, buying on dips carries lower risk
It’s not far from the strong support in the short term
In this range, we can also avoid some short-term noise
If we really want to buy low
We can first look near 119300
Breaking through could lead to 120000 which is also very likely
However, at this stage, news outweighs everything, referring to every time in this bull market when it breaks new highs, there will be a massive liquidation of retail investors during the cycle, so this is why Lao Li has been avoiding trading heavily during this period!
