Focus on the key positions today.



Support level: 121,000 is a support zone tested multiple times during the day. If it breaks, it may pull back to 120,000. The fluctuations are not significant, and this position can still be shorted for a long.

Resistance level: 124,000–125,000: Near today's high point, the next target after breaking through is 127,000. Remember that shorting still carries significant risks, so please be cautious. The mainstream strategy now is to continue going long on pullbacks.

The big pancake shows a "high push fatigue pattern" today, and a short-term pullback may occur, but the long-term bull market logic remains unchanged (interest rate cuts + institutional buying). In terms of operations: don't chase the price up, wait for a pullback; if it breaks support, you should run; if it breaks resistance, you can follow.
BTC-4.06%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)