The 1-hour chart has reached a high of 114742, currently experiencing a slight pullback. The MACD red bars are shrinking, and the RSI is turning, indicating a clear withdrawal of short-term funds, with upward momentum weakening or a potential second price drop ahead.
The main force uses emotional rebounds to lure out trapped positions and sell off. Bitcoin is just a fleeting performance; do not be misled by the bullish candles. It is recommended to short in the 114000-114800 range, with a target of 113300. If it breaks down, watch for 112000, and the long-term target is 105000. Act decisively!
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The 1-hour chart has reached a high of 114742, currently experiencing a slight pullback. The MACD red bars are shrinking, and the RSI is turning, indicating a clear withdrawal of short-term funds, with upward momentum weakening or a potential second price drop ahead.
The main force uses emotional rebounds to lure out trapped positions and sell off. Bitcoin is just a fleeting performance; do not be misled by the bullish candles. It is recommended to short in the 114000-114800 range, with a target of 113300. If it breaks down, watch for 112000, and the long-term target is 105000. Act decisively!