Trader's Review Today:

Actually, I mentioned a hundred times a few days ago:

"The market can't drop, not because someone is supporting it, but because the bullish sentiment is too strong."

What does this mean?

It means that those who want to short are too anxious, resulting in becoming the "tools for the bulls"...

— every time I just enter a short position, the market starts to fluctuate and then goes up again.

After cutting people, taking a breath, and then charging again, this is the real rhythm of the recent market.

Currently, at a higher level (4H), it is still a high-level fluctuation structure with a rising center of gravity,

The short-term rhythm (15min) first pushes up to the pressure level around 118000~119000 → then pulls back to 116500 to assess sentiment.

If the market sentiment is stable, it can push up to hit 121600~122600.

If the sentiment starts to weaken, it might turn back to 114400~113400, which is also possible.

In short, this market doesn't rely on technical analysis to determine direction, but rather on the market's "face" to make decisions.

Still holding long positions? Congratulations, you got on board this wave, reduce a little at 118000, and then reduce a little more at 121000.

If it comes down suddenly, don’t panic: you can place buy orders around 114400!

Intraday resistance: 121600-122600

Intraday support: 114400-113400

The endpoint of a trend is sentiment, the endpoint of sentiment is divergence, and what determines fate in divergence is whether you are willing to hold.

We do not predict the future, but we eat based on rhythm $BTC