July 21 BTC Trading Plan Guide
After rebounding to a high of 118.8k in the previous trading day, the price began to retreat to a low of 116.3k.
The daily level closed with a small bearish candle yesterday, and the K-line pattern shows consecutive bearish declines. Currently, there are clear signals indicating a downtrend, and there is still room for further pullbacks in the short term.
During the day, we can look to short during the European session, paying attention to breakout situations and strength trends.
Bitcoin reference plan: short lightly above 118500.
Targets: 117500-116500.
