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BTC $BTC Afternoon Trend Analysis
After BTC surged to the 119469 level overnight, it entered a downward mode, with today's daytime trading continuing to hover at low levels, showing a contraction in volatility and a lack of trading enthusiasm. The short-term pattern leans towards a shaky downward trend, with insufficient rebound momentum. It is recommended to take advantage of the rebound opportunities to position for short trades, monitor the pressure at key resistance levels, be cautious about chasing trades, and strictly set take-profit and stop-loss levels to manage risks and opportunities in the volatile market.
Operation recommendations: (for reference only)
After breaking 115000, you can short on the right side to 113700/111700 and then try going long.