Long and short strategy recommendations! 7/28

1. Short-term southbound ( shorting ) opportunity
·Entry point: $119,800-$120,500, stop loss set above $121,000, target
118,500→117,500, breaking level looking at 116,0001
·Basis: The psychological barrier of $120,000 is heavily pressured by selling, and derivative data shows a decrease in short covering demand.
2. Short-term northbound ( to go long ) opportunity
·Conservative: Pull back to 115,500-116,500 for light long positions, stop loss at 114,500, target 117,500-118,50019.
·Aggressive: If it breaks through 120,000 with volume and holds, target for long is 125,000-128,000 USD with a potential increase of 6%-8% within the month (.