7.25 BTC Evening Strategy
This round has pulled back from the high of 123300, with the price pressured to 118600, and short positions continuing to accumulate.
The mainstream interpretation of the market is a weak correction, but my viewpoint is different: the current trend is a structural fluctuation, a rhythmic accumulation process. It is not a reversal, but a consolidation. Being bearish at a densely short position is a logical misalignment.
In terms of operation: Aggressive traders can directly chase the current price, while more cautious traders can enter long positions when stabilizing at 118500, with the target still around 120000.
