Currently, the fluctuations don't seem significant. Continuing with the thoughts shared this morning, Bitcoin remains under pressure at the 120,000 mark, with the resistance level adjusted to around 118,000. The 115,000 level can be seen as a short-term dividing line between bulls and bears, as this position and the area around 116,000 have undergone multiple retests, showing solid support. If this level is effectively broken, market sentiment is bound to change.

Conservative traders should wait for action above 118,000, with target space depending on your overall strategy.

Long position entry points can be considered in the 115,000-116,000 range. #山寨季來了？ $BTC