Bitcoin
Panjang

BTC: In a weak consolidation

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Currently, BTC is in a weak consolidation phase following a pullback. After touching an intraday low of 120,804.39, it rebounded sharply, indicating that the 120,800-121,000 range has short-term buying support. This level is close to the upper edge of the previous consolidation platform at 120,500 and forms a joint support zone with the key concentrated price level of 120,000 in the options market. However, the current price of 121,000 is still on the edge of the support level, and no clear stabilization signal has been formed yet.

Buy 120000 - 120500
TP 121000 - 121500 - 122000
SL 119500

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