$BTC Although the market has formed pressure at the middle Bollinger band, it is also the lowest point of the decline on July 31. It is well known that a breakthrough of support becomes resistance.
Currently, shorting at 115300 points is only a little over 1000 points away from the support point below. From the indicators, the market is in a fluctuating correction and upward trend, and it has been consolidating at the bottom. There is a significant risk in shorting, and the risk of shorting itself is high.
Waiting for the right moment to choose the best entry for long positions is the wise move.
