$BTC
Caution against false bullish signals!!!
Currently, there is not a very obvious bullish divergence, and I estimate that there will be more consolidation for a while as we continue to seek direction. Looking a bit further ahead, around the 15th of next month, the big coin is expected to be around 86000~90000. Today, from a daily chart perspective, although there is a small bullish candle, it does not necessarily mean that it can hold this position and continue to push upwards.
It has already been stated that the start of consolidation proves that there won't be a deep correction in the short term. I still believe there is a possibility of false bullish signals in this market; there is significant pressure above, and I don't see any very high positions.
I will enter a short position at 97600 to prevent missing out, adding to the position at 98600, with a target below looking at 92000. There aren’t any significant price points today. It was mentioned yesterday that BTC has entered a recovery phase, and BTC has already started to weaken, lacking the kind of strength that makes your scalp tingle with excitement.
ETH and SOL are still relatively weak, and I will similarly look to enter short positions in the community.
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