Big Pie $BTC , yesterday it continuously cleared the liquidity above 120,000 and 120.08, but it has not been able to stay above 120,000 and fell back in the evening.
From the daily chart, we can see that it has formed a very long upper shadow, and the trading volume here has also increased significantly. This is not a good signal. If it was just to clear liquidity, then the task was already completed yesterday. Perhaps reaching the previous high or a new high may require more adjustments?
Volatility will occur in the evening, #CPI data, M Valley opening time. If it quickly attacks above 120,000 and shows a small bearish pattern, I will try to short, with the stop loss at yesterday's high.
