It is not recommended to short Bitcoin around 114000! $BTC

BTC has formed a W structure, with three attempts to break through the resistance zone at the 115500 EMA. Today, there is a high probability of a downward pullback to the standard W structure support at 113700/112700 before attempting to break through 115500 and reaching 116700.

There are two benefits to this approach: first, it completely liquidates the shorts below 115500; second, it allows the daily level to potentially shift back into an upward trend (as breaking below the trend requires a long time to recover, and could even result in a significant drop to 109000) #ETH巨鲸增持