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8-7 BTC Morning Thoughts
The market these past two days has been really good, with large fluctuations and a clear pattern. I believe the seasoned investors have made a good profit these days.
Today, the daytime outlook is bearish, with two positions that need attention, namely 114500 and 113300. The 114500 level is the midline of the weekly upward channel and the support level of the daytime upward channel. Therefore, if it can't hold here, the next support will be at 113300.
Operation suggestion: Short with a light position at 115000. Increase short position if it drops below 114500. Target 113500.