I talked about my short-term operations earlier, and the main reason why I didn't wait for Monday is that there are too many moves next week, and it hasn't returned to $119,000 on Sunday, so the uncertainty on Monday is a bit high. What I did was the decline caused by the ancient whale smashing the market, and now uncertainty may lead to a pullback in profits, so leave the market first, lock in profits, and then look at it slowly.
Currently, the one-hour range amplitude of #Bitcoin has shrunk to 500 points, indicating a technical need for a breakout.
A downward breakout below the support at 117,600 and an upward breakout at the resistance of 119,700 should be noted.
If the upward breakout does not break the resistance, the daily level correction rhythm has not yet completed.
From a daily perspective, the range has shrunk to 10,000 points, so starting next week, we need to pay attention to the daily level trend changes.
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