$BTC Short-term Trading Strategy Update: Defense First, Waiting for Key Breakthrough

📉 Current Market Structure

Bear Divergence Confirmed

Price rebounded to 119.6K–120.3K and faced resistance, forming a short-term resistance zone. If it falls again, it may test 116.6K–116.2K (liquidity pool + short-term support). Subsequent rebound targets: 121.3K–121.7K (previous high test)

Key Observation Point

121K is the dividing line between bullish and bearish. If it holds, it may continue to rise; breaking below 116K will open up deeper retracement space (114K–112K).