The price has been in a fluctuating recovery phase in the last four hours, with strong resistance formed at previously unbroken highs. After a significant rise at the daily level, it has entered a correction phase, with small bearish candles gradually dominating, and buying strength has weakened. There may be some pullback in the short term. However, in the long run, the market remains bullish, and the anticipated previous highs and new highs at the beginning of the month have been achieved, continuing to look towards 130,000, and maintaining a strong bullish outlook!
Market sentiment remains neutral, with no significant pressures or driving forces in the macro environment. The news is mixed with both bullish and bearish factors, so caution is advised.
Operational suggestions for Bitcoin: Enter long positions in the range of 122,000-121,500, with targets at 124,000-125,500. Steadily follow the trend and wait for a pullback to exert force again. $BTC
