BTC is currently trading around 118,920 (i.e., 118,900 USDT), this position is at the lower edge of a short-term strong pressure zone and is also close to an important turning point.
If it breaks through 120,500 strongly, BTC will have the opportunity to reach 123,000~125,000.
If it falls below 117,600, be cautious of a pullback to the 115,000 area for further accumulation.
Operating suggestions:
Strategy 1: Box Breakout Method (suitable for aggressive players)
If the price breaks through 120,500 with volume, enter long, set a stop loss at 118,300, target 123,000~125,000.
Condition: Must break out with volume; do not chase false breakouts without volume!
Strategy 2: Oscillation Accumulation Method (suitable for conservative players)
Focus on buying low in the 117,600~116,000 range, enter in batches, stop loss at 114,800.
This support zone has been validated multiple times and is an important accumulation area for the main forces.
Strategy 3: Short-term High Sell Low Buy
You can lightly sell high above 119,500 and buy back around 117,000.
This is suitable for high-frequency intraday players to capture the price differences between highs and lows.
Currently not recommended:
All-in chasing highs (increased risk of turning points).
Shorting mainstream coins (structure is not broken, easy to rebound and hit you back).
Don’t think you can catch the top; the core of a bull market is not to earn at the 'highest point',
but to stay within the 'main trend' and steadily capture the mid-section!
What the bull market fears most is not losing money, but seeing the right move but getting shaken out, ultimately watching it soar from the sidelines.
The next wave of breakthrough main uptrend is likely already brewing; don’t oversleep.
