The current structure is more like a high-level sideways consolidation. From the daily chart, it still seems that the bulls have the advantage, but on the 4-hour chart, the bullish momentum is slowing down, and divergence has appeared.



The RSI at high levels is becoming dull, indicating that the upward momentum is weakening.

Currently, I still favor strong resistance around 82,000 to 83,000, so today’s Silk Road strategy is the same as last night’s short position: short at 82,000, stop loss at 82,600, and the target can initially be around 81,000. $BTC
BTC-1.34%
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