Brothers, the current pace of the market is really 'crazy'——
Rising fast, falling even faster!
The market lured people in and then directly collapsed,
In one night, the long positions were completely cleared out,
Those who didn't take profits at the high are all stuck at the top.
Last night's drop in the market was the first wave of a downturn.
The current sideways movement is just 'pretending to stabilize'.
But let me tell you——this is just the calm before the storm.
The current key rhythm of BTC is very clear:
Resistance at the top of the sideways movement: 122200 (If this position is not broken, the second wave of retracement is coming!)
Support targets below:
First support: 120000
Second support: 119300
Third support: 118500
What if the market strongly rebounds and breaks 122200?
That means the main force is short-term pumping while washing orders,
The resistance above during the rebound is at 123000 - 124500,
At these positions, don’t panic, you can still try short positions!
Don’t fear the rebound, what you should fear is having no strategy!
Don’t fantasize about the main force giving you a breather,
This stage of the market does not belong to observers,
