Share at 7:19 AM

After a surge during the day, the Bitcoin price showed signs of a false breakout, falling back after reaching around 121000.

The operating strategy in the early hours tends to be to go short: the four-hour level shows a large bearish pattern, directly penetrating the mid-track support level, and all moving average indicators are simultaneously turning down and diverging. At this time, it is suitable to set up a short position.

The next two days happen to fall on the weekend, and the large cycle can lock in the range of 121000-115500: if it breaks, follow the trend; if it doesn't break, respond according to the box oscillation pattern. If there is a slight rebound after midnight, you can enter the market and let it go 🈳.

Operation idea:
The pancake is in the 118500-119000 range 🈳, with a target of 115300; if this position is not broken, consider a reverse move.