Short-term BTC Trend
The first target is around 12300, where the short liquidation will be completed. Next, the main force will first aim at liquidating long positions around 117000. At this position, based on the trend, they will choose to either consolidate for a while or test the selling pressure a bit lower before choosing a direction again. Personally, I lean towards the trend in Figure 2️⃣, consolidating for a while to get altcoins moving, otherwise it won't look good for the first half of the year 😂
The first target is around 12300, where the short liquidation will be completed. Next, the main force will first aim at liquidating long positions around 117000. At this position, based on the trend, they will choose to either consolidate for a while or test the selling pressure a bit lower before choosing a direction again. Personally, I lean towards the trend in Figure 2️⃣, consolidating for a while to get altcoins moving, otherwise it won't look good for the first half of the year 😂
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ETH
3,751.3
+5.53%
BTC
118,214.14
+0.24%