📈#BTC Market Brief:

• The negative news from Friday has been fully digested by the market, and current trends show signs of a completed bottoming process.

• On the technical side, the price remains in a wide sideways consolidation range, with the mid-point rising to $119,000. Both bulls and bears will engage in a tug-of-war around this level.

• Current strategy: Short-term bias towards bullish, consider light positions if a bounce stabilizes; potential short opportunities near the upper resistance level around $121,000.

Focus: Whether it can break $119,000 and form effective support

📊 Chart analysis as follows👇

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