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BTC is currently at a price level near its previous highs, with two attempts at 117.6k failing to break through, and funds are starting to flow out of the strong resistance area.
The daily MACD and RSI indicators resonate with the candlestick patterns, making the final segment of the rise relatively difficult in the short term.
The price is at a high level, and a short-term pullback can be expected. Gradually build positions at 117.2k and 118k to avoid missing out, with targets at 115.7k, 115k, and 114.6k.
A light position is sufficient, with each person maintaining their own defensive space that they can bear. After all, going short in an upward trend is somewhat like rowing against the current.