BTC continued to decline in the afternoon, and the current downward momentum has明显放缓. Based on the market trends, it is highly likely that there will be a period of consolidation before the European session, followed by a rebound correction. Once the rebound approaches the upper resistance level, short positions can be strategically placed to continue the bearish trend.
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12.1 midday BTC strategy
BTC continued to decline in the afternoon, and the current downward momentum has明显放缓. Based on the market trends, it is highly likely that there will be a period of consolidation before the European session, followed by a rebound correction. Once the rebound approaches the upper resistance level, short positions can be strategically placed to continue the bearish trend.
suggestion
Around 87500-88500, target 85800, 85400$BTC