Tuesday Afternoon Jingyi's Operational Analysis
From the current market perspective, Bitcoin is experiencing fluctuations within a range, with strong support at the 114000 level. There have been several dips from yesterday to today that were supported and rebounded, indicating concentrated buying and strong defense in this area. The daily candle closed bearish but with shrinking trading volume, suggesting a lack of unified market sentiment, and the market is still in a consolidation phase, with no reversal signals.
Key focus on defending the 114000 level; if it fails, it may accelerate the decline towards the previous support at 113300. It is recommended to take light short positions between 114400-114600, with a stop loss above 115100, targeting 113800 and 113300.
(The market is ever-changing, specific actions should be based on actual operations) $BTC $ETH #币安HODLer空投TOWNS