Talk about today's thoughts!

Yesterday, the area around 122000 was quite good, with a profit of 1500 points, a risky move!

At noon, I mentioned that Bitcoin and Ethereum broke new highs, and there's a high probability of another pullback on the 15-minute chart, and sure enough, it is slowly declining!

So today is again a state of finding a bottom. The overall support and resistance structure has also changed, but the probability of a sharp drop is not high, as there has been substantial net inflow into ETFs recently, with institutions providing support!

The short-term support below can be referenced at the round number of 120000, as these pullback stop points are relatively hard to grasp, so continue to act at key levels. 120000-120500 can be considered for gradual entry, as previous dense transactions will provide some resistance!

The short-term resistance above can be referenced around 124000-124500, and one can consider taking profits; once a new high is broken, it can easily trigger profit-taking sell-offs, as there will always be some who choose to cash in. Overall, it remains within this range!

Personal opinion for everyone's reference! #BTC再创新高